Cayman Islands - Adjusted savings: carbon dioxide damage (% of GNI)
Adjusted savings: carbon dioxide damage (% of GNI) in Cayman Islands was 0.675 as of 2017. Its highest value over the past 7 years was 0.698 in 2014, while its lowest value was 0.404 in 2010.
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 |
|---|---|
| 2010 | 0.404 |
| 2011 | 0.432 |
| 2012 | 0.572 |
| 2013 | 0.654 |
| 2014 | 0.698 |
| 2015 | 0.694 |
| 2016 | 0.665 |
| 2017 | 0.675 |
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
