Private investment in climate change mitigation measures within the EU amounted to EUR 95.3 billion in 2023, corresponding to 0.55 per cent of the EU’s gross domestic product (GDP).
According to the figures, released by the EU’s statistics agency Eurostat, private investment in climate change mitigation measures within the EU amounted to €95.3 billion, which corresponds to 0.55% of the EU’s gross domestic product (GDP).
From 2005 to 2016, investment remained relatively stable, hovering around 0.5% of GDP. Subsequently, a notable upward trend followed, peaking at 0.64% in 2021. In 2022 and 2023, investment in climate change mitigation slightly declined to 0.56% and 0.55% of GDP, respectively.
The highest shares of private investment in climate change mitigation were reported in Lithuania and Denmark, with 1.5% of GDP. Latvia and Sweden followed with 1.2% of GDP.
In all the remaining EU member countries, investment in climate change mitigation was below 1% of GDP in 2023. Cyprus and Ireland recorded the lowest shares of investment, with less than 0.1% of GDP.
Private investment in climate change mitigation
(% of GDP) – Interactive map
Statistics Explained article on investments in climate change mitigation, Eurostat
Statistics on climate change mitigation – online publication
