Latin America and the Caribbean (LAC) vs Turkey: Carbon Cost to Assets in Disclosing Firms, Adjusted by Growth Factor
Carbon Cost to Assets in Disclosing Firms, Adjusted by Growth Factor over time
- Latin America and the Caribbean (LAC)
- Turkey
How they compare
Turkey currently reports 2.24 against 0.6372 in Latin America and the Caribbean (LAC), a difference of 1.6.
That makes Turkey's figure about 3.5 times Latin America and the Caribbean (LAC)'s.
Across all 26 years both countries report, Turkey has been ahead every year.
Latin America and the Caribbean (LAC) ranks 3rd and Turkey ranks 3rd of 12 groups.
Turkey has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean (LAC) | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2020s | 0.5037 | 1.82 | 1.31 | Turkey |
| 2030s | 0.5453 | 2.26 | 1.72 | Turkey |
| 2040s | 0.5908 | 2.34 | 1.75 | Turkey |
| 2050s | 0.6372 | 2.24 | 1.6 | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher carbon cost to assets in disclosing firms, adjusted by growth factor, Latin America and the Caribbean (LAC) or Turkey?
- Turkey, at 2.24 against 0.6372 in Latin America and the Caribbean (LAC) as of 2050.
- What is the difference in carbon cost to assets in disclosing firms, adjusted by growth factor between Latin America and the Caribbean (LAC) and Turkey?
- 1.6, with Turkey ahead.
- How many years of comparable data are there for Latin America and the Caribbean (LAC) and Turkey?
- 26 years are reported by both, from 2025 to 2050.
- How do Latin America and the Caribbean (LAC) and Turkey rank globally for carbon cost to assets in disclosing firms, adjusted by growth factor?
- Latin America and the Caribbean (LAC) ranks 3rd and Turkey ranks 3rd of 12 groups.
- Where does this data come from?
- International Monetary Fund, published as Carbon Cost to Assets in Disclosing Firms, Adjusted by Growth Factor, US dollar (Scope 1, Not applicable, Below 2°C). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This dataset measures the impact of evolving carbon costs on firms’ financial indicators under different transition scenarios. The impacts are aggregated across countries and industries. Carbon Cost to Revenues/Assets indicators give an indication of how high these taxes will be in alternative policy scenarios in comparison to revenues/assets of the disclosing firms, along the transition through 2050. Revenues/Assets at risk indicator shows the share of firms that are expected to be severely impacted by carbon costs under the selected transition scenarios. Each indicator is calculated under two different assumptions: i) constant assets/revenues; and ii) adjusted by growth factors.