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Cumulative compensation due from carbon overshooting country groups to undershooting country groups from 2020 to 2050 (in trillion U.S. dollars)

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Sources

Release date

June 2023

Region

Worldwide

Survey time period

2023

Special properties

in constant 2010 prices

Supplementary notes

Based on the historical emissions from 1960 to 2019 and net-zero scenario from 2020 to 2050.

Citation formats

Cumulative compensation for atmospheric appropriation 2020-2050, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 14, 2023
Compensation for the appropriation of atmospheric fair shares of the world's lowest emitters was estimated at *** trillion U.S. dollars between 2020 and 2050, in a net-zero by 2050 scenario. The United States had the largest climate debt worldwide, owing about ** trillion U.S. dollars due to its carbon budget overshooting. Ranking second was the European Union and the United Kingdom combined, with reparations amounting to ** trillion U.S. dollars based on historical emissions from 1960 to 2019. Meanwhile, India – with a share of carbon budget undershoot of roughly ** percent – was owed an estimated ** trillion U.S. dollars by the world's top carbon overshooting countries.
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