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CO2 productivity

Last update of indicator22.12.2022

Indicator definition

CO2 productivity shows the ratio of GDP in constant prices to total volumes of CO2 emissions.

Units

%, Index 2005 = 100

Metadata

Key messages

Carbon productivity defines a mutual dependency between carbon and climatic cycles with connection to the environmental and economic effectiveness as the result of policies promoting low-carbon and cleaner technologies while exploiting energy resources.  The main objective is to limit CO2 emissions and other greenhouse gases emissions, and stabilize greenhouse gases atmospheric concentrations to the level that would limit their negative impact on the climatic system.

There has been a gradual reduction in greenhouse gases emissions as result of Slovakia's accession to the Kyoto Protocol, subsequent legal adjustments that copy the Protocol's reduction objectives, and by the introduction of a wide set of measures. 
Compared to 2005, CO2 emissions in 2020 dropped by 36.2%, while GDP grew by 54%. As CO2 emissions are falling while gross domestic product is rising, we can speak of absolute decoupling, which is a positive trend. Productivity increased by 24.6% year-on-year in 2020 compared to the previous year.

Summary assessment

International comparison

The OECD Green Growth database contains selected indicators for monitoring progress towards green growth to support policy making and inform the public at large. The database provides a synthesis of data and indicators available across a wide range of domains. The sources of the underlying data used to populate the Green Growth Indicators, as presented here, include a range of OECD databases and, in some cases, external data sources. The database covers OECD member countries, accession countries and selected non-OECD countries (including the BRIICS economies - Brazil, Russian Federation, India, Indonesia, China and South Africa).


OECD Green Growth Indicators Database

Contact

Ing. Dorota Hericová, SAŽP, dorota.hericova@sazp.sk

Methodology:

Selection and methodology of indicator’s assessment is based on the set of indicators proposed by the OECD and addressed by the report: "Green Growth: Monitoring progress towards green growth“. Data relating to the national situation are usually presented in the period between 2000 and 2012. Basic time sequence is changed in those cases when the data are not accessible or when their comparison is not possible due to differing approaches in their collection, assessment, changes in methodology, classification, etc.  Summary assessment of indicator’s trend from the green growth perspective is based on a subjective evaluation of the responsible assessor due to the fact that the strategy is not officially implemented in the Slovak Republic and therefore specific objectives have not been defined.  Naturally, this assessment builds on the analysis of the past trends, as well as their anticipated direction in view of the measures adopted as to date.
Selected indicators characterize Slovakia's initial position as seen from the perspective of the green growth and were to be used as a measuring tool before further steps are taken in the process of implementation of this strategy and for a complex assessment of the future trend of the Slovak economy.  Present set of green growth indicators comprises 32 individual indicators that are relevant in Slovakia's conditions. Four of them are national indicators that describe voluntary instruments of the environmental strategy.
 

Data sources:

Data used in this document come from the official national or international sources and databases.  Assessed trend was reviewed and discussed with the state administration specialists (individual departments of the ministries of Environment, Economy, Labour and Social Affairs and Family, Finance, Agriculture and Rural Development) and their professional organisations (Slovak Hydrometeorological Institute, State Geological Institute of Dionýz Štúr, Slovak Environmnet Agency, State Nature Consservancy, Institute for Financial Policy) and also the Statistical Office of the Slovak Republic whose databases furnish most of the information.

 

Related indicators:

 

Linked references: