Faroe Islands | Adjusted savings: carbon dioxide damage (% of GNI)
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. Statistical concept and methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source
Faroe Islands | Adjusted savings: carbon dioxide damage (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1.05210031 1998
1.0615779 1999
1.17258312 2000
1.14071874 2001
1.07267042 2002
0.94478991 2003
0.86250088 2004
0.89455712 2005
0.9409287 2006
0.70352578 2007
0.74985936 2008
0.86144041 2009
0.84058558 2010
0.77877132 2011
0.86109644 2012
0.88377916 2013
0.77556839 2014
0.97523383 2015
0.9200314 2016
1.02415212 2017
1.03909592 2018
1.05273989 2019
1.00953723 2020
1.01318237 2021
2022
Faroe Islands | Adjusted savings: carbon dioxide damage (% of GNI)
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. Statistical concept and methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source