🇮🇸 Iceland's Progress and Recent Impact

Iceland's Progress and Recent Impact

Key Insights

Latest Emissions Snapshot

Iceland emitted 5.32 megatonnes of CO2‑equivalents in the latest year, accounting for about 0.01% of the global total. While the national share is small, it still contributes to the collective sum that drives warming, and thus remains relevant.

Per Capita Impact

Per capita emissions are 13.5 tonnes per capita per year, rated Extremely High on our scale. This level is far above the goal of approaching zero, underscoring the importance of rapid reductions regardless of Iceland's small global share.

What Drives The Total

Most emissions come from fossil CO2, with oil the largest contributor. Oil-related emissions have edged down over the past decade, but this has been partly offset by growth in coal-related CO2. Land‑use CO2 is a smaller share yet has been rising, adding upward pressure on the total. By contrast, non‑CO2 gases-methane, nitrous oxide, and F‑gases-are smaller contributors overall and have generally declined, notably methane from livestock and waste and nitrous oxide linked to agriculture.

Decade Trend And Benchmark

Overall emissions have been essentially flat to slightly declining over the last decade (about −0.003 megatonnes per year, roughly −0.06% annually). This pace falls well short of the global benchmark of around −4% per year needed for a net‑zero‑by‑2050 pathway. Modest reductions in non‑CO2 gases are being counterbalanced by increases in fossil and land‑use CO2.

Actionable Priorities

Focus first on the largest sources and fastest growers: accelerate cuts in fossil CO2 by targeting oil as the largest contributor and halting growth in coal‑related CO2; prevent further increases in land‑use CO2; and continue driving down methane, nitrous oxide, and F‑gases. Given the extremely high per capita level, rapid, substantial reductions in the major CO2 sources are essential to shift the decade trend to sustained, deeper declines.

Background

Recent per Capita Emissions

The Recent per Capita Emissions are a crucial indicator of a nation's greenhouse gas emissions. They are a fair measure for comparing the emissions of nations, taking into account the size of their populations.

Because any greenhouse gas emissions above 0 cause warming, the per capita emissions shouldn't be judged against the global average; they should be compared based on how far they are above 0. Therefore, our rating scale is:

  • Extremely High: above 10 tonnes per capita per year
  • Very High: above 7.5 tonnes
  • High: above 5 tonnes
  • Moderate: above 2.5 tonnes
  • Low: above 0 tonnes
  • Negative Emissions: under 0

The per capita emissions should be close to zero for each country, indicated here by the green & low areas.

Last Year Emissions

This is the total amount of CO2, CH4, N2O, and F-Gases emissions of a nation in 2023 (last available year in the data) expressed in megatonnes of CO2-equivalents. The gases have different atmospheric lifetimes (decay) and warming effects, for this reason, we use the GWP100 (100 year time horizon method) to calculate the global warming potential of CH4, N2O, and F-Gases to express them in CO2-equivalents.

Wikipedia: Global Warming Potential

Last Year Share

This is a nation's share of the global emissions in 2023 (last available year in the data). For many countries this value can be quite small, especially when compared to nations like United States or China. It is easy and dangerous to jump to the conclusion that small shares of emissions don't matter. They matter as a group. Even small emitters can account for a significant amount of total emissions. Consider the following examples:

  • 24 nations, each between 0.5 and 1.5% of the total emissions, make up 20% of the total emissions.
  • 27 nations, each between 0.5 and 2% of the total emissions, make up 25% of the total emissions.
  • 162 nations with a share below 0.5% make up 15% of the total.
  • 3 nations, make 44% of the total emissions: China, United States and India. However, China and India together have a population of about 2.9 billion.

Per Capita Emissions are therefore the most crucial indicator to represent the impact of a nation regardless of its size.

Yearly Emissions Trend

This is a nation's trend per year over the last 10 years. It is a good indicator of the trajectory of national emissions and can be used as a simple framework to judge a nation's trend vs. international goals:

  • Stop warming around 1.5 °C: All nations together, and each nation, should drop emissions by 17% per year — 8,000 Megatonnes of CO2 Equivalent per Year.
  • To achieve Net Zero in 2050 and to stop warming at ~1.7 °C: All nations should together, and each nation, should drop emissions by 4% per year — 2,100 Megatonnes of CO2 Equivalent per Year.
  • Additionally, to return warming to pre-industrial levels almost all human-induced CO2 has to be taken out of the atmosphere.

About the Data

The last available year in all the emission datasets is 2023. CO2 emissions data is from the Global Carbon Project. It contains national CO2 emissions from fossil sources and land-use change. Emissions from CH4, N2O and F-gases come from the PRIMAP-Hist dataset. It is a rich dataset that combines several published sources to create a historical emissions time series for various greenhouse gases. Population data are also from Global Carbon Project where available, however, for many nations it doesn't have historic population going back to 1850. Those historic gaps are filled with population data from Our World in Data.

The Key Insights paragraph was created using a large language model (LLM) in combination with our data, historic events, and a structured approach for best accuracy by separating the context generation from the interpretation and narrative.

Data Sources

Global Carbon Budget 2024 Global Carbon Budget
Update cycle: yearlyDelay: ~ 10 months after the end of the year. Current year values are estimated and published in November.Credits: Friedlingstein et al., 2024, ESSD. Friedlingstein, P., O'Sullivan, M., Jones, M. W., Andrew, R. M., Hauck, J., Landschützer, P., Le Quéré, C., Li, H., Luijkx, I. T., Olsen, A., Peters, G. P., Peters, W., Pongratz, J., Schwingshackl, C., Sitch, S., Canadell, J. G., Ciais, P., Jackson, R. B., Alin, S. R., Arneth, A., Arora, V., Bates, N. R., Becker, M., Bellouin, N., Berghoff, C. F., Bittig, H. C., Bopp, L., Cadule, P., Campbell, K., Chamberlain, M. A., Chandra, N., Chevallier, F., Chini, L. P., Colligan, T., Decayeux, J., Djeutchouang, L., Dou, X., Duran Rojas, C., Enyo, K., Evans, W., Fay, A., Feely, R. A., Ford, D. J., Foster, A., Gasser, T., Gehlen, M., Gkritzalis, T., Grassi, G., Gregor, L., Gruber, N., Gürses, Ö., Harris, I., Hefner, M., Heinke, J., Hurtt, G. C., Iida, Y., Ilyina, T., Jacobson, A. R., Jain, A., Jarníková, T., Jersild, A., Jiang, F., Jin, Z., Kato, E., Keeling, R. F., Klein Goldewijk, K., Knauer, J., Korsbakken, J. I., Lauvset, S. K., Lefèvre, N., Liu, Z., Liu, J., Ma, L., Maksyutov, S., Marland, G., Mayot, N., McGuire, P., Metzl, N., Monacci, N. M., Morgan, E. J., Nakaoka, S.-I., Neill, C., Niwa, Y., Nützel, T., Olivier, L., Ono, T., Palmer, P. I., Pierrot, D., Qin, Z., Resplandy, L., Roobaert, A., Rosan, T. M., Rödenbeck, C., Schwinger, J., Smallman, T. L., Smith, S., Sospedra-Alfonso, R., Steinhoff, T., Sun, Q., Sutton, A. J., Séférian, R., Takao, S., Tatebe, H., Tian, H., Tilbrook, B., Torres, O., Tourigny, E., Tsujino, H., Tubiello, F., van der Werf, G., Wanninkhof, R., Wang, X., Yang, D., Yang, X., Yu, Z., Yuan, W., Yue, X., Zaehle, S., Zeng, N., and Zeng, J.: Global Carbon Budget 2024, Earth Syst. Sci. Data Discuss. [preprint], https://doi.org/10.5194/essd-2024-519, in review, 2024.

PRIMAP-hist The PRIMAP-hist national historical emissions time series (1750-2023)
Update cycle: Every few monthsDelay: Less than 1 yearCredits: Gütschow, Johannes; Busch, Daniel; Pflüger, Mika (2024): The PRIMAP-hist national historical emissions time series (1750-2023) v2.6. Zenodo.

Our World in Data Population - Our World in Data
Update cycle: YearlyDelay: 7 monthsCredits: HYDE (2023); Gapminder (2022); UN WPP (2024) – with major processing by Our World in Data

Iceland's Progress and Recent Impact