Prosperous countries – high CO₂-emissions

Deutsche Bank Research | Jan 27, 2020 at 12:00 AM

The chart depicts the link between prosperity and CO 2 2 emissions for the G20 countries (the EU, as a G20 member, is not shown separately). However, several countries deviate considerably from the general trend, mainly due to differences in terms of energy production, consumption and production behaviour and energy prices.  Prosperous countries - high CO2 emissions per capita

Sources: IMF, IEA

Prosperous countries - high CO2 emissions per capita

Prosperous countries - high CO 2 2 emissions per capita

Sources: IMF, IEA

Sources: IMF, IEA Overall, all prosperous countries above the trend line in the chart have the best chances to reduce their energy consumption and their carbon emissions without (major) losses in prosperity. At the same time, France is the G20 country which is closest to the goal of being quite prosperous on the one hand and keeping its per-capita CO 2 2 emissions relatively low on the other. Nevertheless, France is far from being a climate-neutral economy (which is the political goal in the EU). Even African countries, which are among the poorest world-wide, where energy comes largely from renewables (wood), individual mobility plays no significant role and GDP per capita is only a fraction of that in the developed countries, are not climate-neutral.