Germany

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):

45,065.08

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):

0.82

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):

0.02

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):

2.37

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):

1.772

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

Redirecting subsidies for the good of nature

2021-06-21

A lot of money is needed to prevent spiralling biodiversity loss; somewhere between US$598 billion and US$824 billion a year

G7 nations committing billions more to fossil fuel than green energy

2021-06-14

In spite of green rhetoric, money has piled into aviation and car industries since start of pandemic, report finds The nations that make up the G7 have

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;

Reports

Ecological Steering with Value-Added Tax and Taxes on Consumption (FOES)

2021-12-14

The current design of some taxes sets a number of ecological disincentives – for example, it encourages the consumption of environmentally harmful products and provides

National Emissions Trading System: Background Paper

2021-03-23

Why do we need national emissions trading? In view of the major challenge that climate change poses to present and future generations due to greenhouse