The Nordic region has decoupled economic growth from GHG emissions faster than the EU28, despite having lower potential for decarbonisation due to its low-carbon heat and power supply. Alternative consumption-based emission accounting (emissions associated with products and services consumed in a country) can reveal if this was accompanied by greater carbon leakage. The figure to the right shows that while the Nordic countries, like most developed countries, have higher consumption-based emissions than territorial emissions, the difference has not changed significantly during the decoupling.

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