Norway - Adjusted savings: carbon dioxide damage (% of GNI)

Adjusted savings: carbon dioxide damage (% of GNI) in Norway was 0.384 as of 2019. Its highest value over the past 49 years was 0.590 in 1984, while its lowest value was 0.251 in 2011.

Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.583
1971 0.533
1972 0.518
1973 0.446
1974 0.376
1975 0.371
1976 0.364
1977 0.365
1978 0.402
1979 0.386
1980 0.392
1981 0.471
1982 0.529
1983 0.521
1984 0.590
1985 0.588
1986 0.589
1987 0.445
1988 0.459
1989 0.565
1990 0.328
1991 0.348
1992 0.335
1993 0.418
1994 0.397
1995 0.340
1996 0.329
1997 0.374
1998 0.424
1999 0.449
2000 0.436
2001 0.467
2002 0.391
2003 0.412
2004 0.355
2005 0.316
2006 0.313
2007 0.290
2008 0.324
2009 0.393
2010 0.325
2011 0.251
2012 0.269
2013 0.295
2014 0.313
2015 0.408
2016 0.381
2017 0.367
2018 0.348
2019 0.384

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts