Denmark

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

54,282.5

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

2.13

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

3.72

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP

2021-06-14

P4G Seoul Summit wrapped up on May 31, proclaiming global inclusive green growth in Seoul Declaration. The Summit called for global cooperation in climate change response;

These countries are leading the way on a post-pandemic green recovery

2021-05-03

The world’s 50 largest economies have pledged to spend trillions of dollars on post-pandemic recovery initiatives, estimated to total $14.6 trillion. While these sums will

Better Energy, Industriens Pension eye 1 GW of zero-subsidy solar

2020-12-11

December 3 (Renewables Now) – Denmark’s Better Energy A/S has tied up with domestic pension fund Industriens Pension to jointly install 1 GW of solar

Reports

Taxing Energy Use 2015 (OECD)

2017-05-05

This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80%

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2017-03-17

This report by Green Budget Europe (GBE), CEE BankWatch and European Environment Bureau (EEB) involved an assessment of the 2016 European Semester Country Reports among

Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform (Nordic Council of Ministers)

2016-11-13

If we aim to reduce global emissions in order to limit global warming to less than 2°C above pre-industrial levels, then the energy sector is

Policy Briefs

Successful environmental taxes in Denmark (GBE and Danish Ecological Council)

2017-03-17

This briefing note by Green Budget Europe (GBE) and the Danish Ecological Council sets out some of the most successful environmental taxes in Denmark. It

Denmark

Country indicators

News

P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP

These countries are leading the way on a post-pandemic green recovery

Better Energy, Industriens Pension eye 1 GW of zero-subsidy solar

Reports

Taxing Energy Use 2015 (OECD)

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform (Nordic Council of Ministers)

Policy Briefs

Successful environmental taxes in Denmark (GBE and Danish Ecological Council)

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