Italy

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):

41,200.0

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):

0.05

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):

0.0

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):

0.99

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):

3.34

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
(%):

54 News

Nine EU countries ask for an aviation carbon tax

2019-11-22

11 November 2019: In a joint statement, the Ministers of Finance of the Netherlands, Germany, France, Sweden, Italy, Belgium, Luxembourg, Denmark and Bulgaria asked the

EU must not blindly sign up to a weak aviation carbon market

2018-12-05

14.11.2018 – As countries negotiate rules for offsetting airline emissions in Montreal, the EU should reserve its right to impose stronger regional policies. Replacing the EU

40% of EU budget should be dedicated to greening the economy

2018-11-19

09.11.2018 – According to the European Economic and Social Committee (EESC), an EU advisory body, the EU’s next multi-annual budget (2021-2027) should dedicate 40% of spending

Reports

Cutting Europe’s lifelines to coal – Tracking subsidies in 10 countries (ODI)

2017-05-15

This report by the Overseas Development Institute (ODI) reviews subsidies to coal in 10 countries that produce 84% of Europe’s energy-related greenhouse gas emissions: France,

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%

OECD-IEA inventory of fossil fuels and other support

2017-03-29

The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including

Policy Briefs

Italy – Country profile

2017-03-30

Background Italy is a founding member state of the EU. It has over 61 million inhabitants (2014 figure) and is the fourth-largest economy in the

Italy

Country indicators

41,200.0

0.05

0.0

0.99

3.34

54

News

Nine EU countries ask for an aviation carbon tax

EU must not blindly sign up to a weak aviation carbon market

40% of EU budget should be dedicated to greening the economy

Reports

Cutting Europe’s lifelines to coal – Tracking subsidies in 10 countries (ODI)

Taxing Energy Use 2015 (OECD)

OECD-IEA inventory of fossil fuels and other support

Policy Briefs

Italy – Country profile

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