Environmentally harmful subsidies grow to $2.6 trillion per year, study says

Published 11:15 on September 20, 2024  /  Last updated at 11:15 on September 20, 2024  / /  Biodiversity, International

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.
Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.


A Carbon Pulse login is required to read this content. Register today to access all biodiversity content in full for free.
You can also apply for a FREE TRIAL of our subscription service, for unrivalled news and intelligence on carbon markets and net zero as well as biodiversity. See what we offer.
If you already have a Carbon Pulse account, log in here.