Adjusted savings: carbon dioxide damage (current US$)

This indicator quantifies the economic repercussions stemming from carbon dioxide emissions associated with fossil fuel consumption and cement production, providing a monetary assessment of environmental harm. By estimating the damage cost at approximately US$40 per ton of CO2—adjusted to 2017 dollar values for emissions recorded in 2020—it reflects the substantial financial burden of climate change on future generations. This metric not only highlights the urgent need for sustainable practices but also serves as a critical tool for policymakers, enabling them to evaluate the long-term impacts of carbon emissions on the economy. By integrating these costs into national accounting, it emphasizes the importance of mitigating climate-related financial risks while promoting investments in cleaner technologies. Source: