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Costs of climate change: German Federal Environment Agency puts cost of one metric ton of CO₂ at €345

The Federal Environment Agency has quantified the follow-up costs of CO₂ emissions and underscored their significance for the economy and society. The estimates vary depending on how the interests of current and future generations are weighted.

Lukas Knigge
26. February 2026
Frachtschiffe auf dem Rhein, vor der Kulisse des Kraftwerk Huckingen, Gaskraftwerk der HKM.
According to the German Environment Agency (UBA), German emissions alone caused economic damage in excess of €647 billion in 2024. (IMAGO / Jochen Tack)

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Last updated: 26. February 2026

CO₂ price CO₂ budget CO₂ emissions CO₂ balance Federal Environment Agency