Climate Debt of Iceland: $1600 Million ($4366 Per Capita)


/ 2022 / The Per Capita Fossil CO2 Emission diagram above is from Calculation (Excel) and is explained in the menu “About”. Iceland ranks 73rd of 172 countries on Climate Debt Total and is responsible for 0.02% of the Global Climate Debt (ranking in the main menu). Iceland ranks 16th on Climate Debt Per Capita (ranking in the main menu). Biodiversity Loss is 17.7%. The Climate Debt has been reduced 0.2% by Multilateral Climate Funds (deposited).

Key figures of Iceland:


Climate Damage Pricing $4,374   Per Capita
Climate Damage Pricing, Total $1,602,666,009   Total
Climate Funds (Damage paid for) $8.19   Per Capita
Climate Funds, Total (Damage paid for) $3,000,000   Total
Climate Debt, Total $1,599,666,009   Total
Price per tons CO₂ emitted since 2000 $18.86   Per Ton
Climate Debt reduced by Funds 0.19%
Climate Debt as share of GDP+ 9.1%
Biodiversity Loss 17.7%

Note: New National Indicator by January 2022 is Biodiversity Loss, which replaces Ecological Footprint, Environmental Performance and Forest Cover. At the same time, the overall level of Climate Debt has been reduced to about half.

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