Adjusted savings: carbon dioxide damage (current US$) - Oceania
Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.
Description: The map below shows how Adjusted savings: carbon dioxide damage (current US$) varies by country in Oceania. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Australia, with a value of 12,038,990,000.00. The country with the lowest value in the region is Tuvalu, with a value of 412,397.80.
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).