New Zealand
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):
37,922.24
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):
0.93--
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):
1.304
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 (%):
78
News
Sustainable Fisheries Versus Harmful Subsidies: Let’s End the War of Attrition
2021-06-21
There is only one month left to fine-tune possible agreements for governments to stop funding overfishing
Agricultural Subsidies: Everyone’s Doing It
2020-11-04
Written by Alice Calder Everybody’s Subsidising Subsidies are forming a key part of the UK-EU Brexit negotiations.Japan’s agricultural subsidies as a share of gross farm revenues are two times above the
New Zealand’s Ministry of Foreign Affairs and Trade on phasing out fossil fuel subsidies
2019-12-04
New Zealand’s Ministry of Foreign Affairs and Trade launched a video on the “cheapest thing the world could do to reduce climate-change emissions” – phasing out fossil fuel subsidies. David