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

Adjusted savings: carbon dioxide damage (% of GNI) in Italy was 0.670 as of 2019. Its highest value over the past 49 years was 0.789 in 1985, while its lowest value was 0.440 in 1992.

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 0.734
1971 0.748
1972 0.721
1973 0.687
1974 0.683
1975 0.637
1976 0.749
1977 0.692
1978 0.632
1979 0.582
1980 0.538
1981 0.653
1982 0.701
1983 0.708
1984 0.771
1985 0.789
1986 0.584
1987 0.510
1988 0.494
1989 0.528
1990 0.447
1991 0.447
1992 0.440
1993 0.561
1994 0.560
1995 0.578
1996 0.531
1997 0.585
1998 0.607
1999 0.646
2000 0.748
2001 0.765
2002 0.743
2003 0.650
2004 0.607
2005 0.621
2006 0.615
2007 0.563
2008 0.528
2009 0.525
2010 0.571
2011 0.543
2012 0.589
2013 0.548
2014 0.535
2015 0.676
2016 0.669
2017 0.656
2018 0.632
2019 0.670

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