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Carbon Inequality Kills: Why Curbing the Excessive Emissions of an Elite Few Can Create a Sustainable Planet for All; Executive Summary
Place of publication | Year of publication | Collation: 
London | 2024 | 16.p.
Author: 
Mira Alestig et al.
Corporate author: 
Oxfam International
Region: 
Global

 

The only way to beat climate breakdown and deliver social justice is to radically reduce inequality. This briefing paper reveals the catastrophic climate impacts of the richest individuals in the world, and proposes taking urgent action to protect people and the planet. 


What little carbon dioxide we can still safely emit is being burned indiscriminately by the super-rich. We share new evidence of how the yachts, jets and polluting investments of the 50 richest billionaires are accelerating the climate crisis. Oxfam’s research shows that the emissions of the world’s super-rich 1% are causing economic losses of trillions of dollars; contributing to huge crop losses; and leading to millions of excess deaths.

 

As global temperatures continue to rise, risking the lives and livelihoods of people living in poverty and precarity, we must act now to curb the emissions of the super-rich and make rich polluters pay. 

 

 

Resource Type: 
Research papers / journal articles
Theme: 
Sustainable development / sustainability
Level of education: 
Early Childhood Care and Education (ECCE)
Primary education
Secondary education
Higher education
Lifelong learning
Technical and Vocational Education and Training (TVET)
Non-formal education
Keywords: 
Billionaires
Climate financing
COP29
Investment
Loss and damage
Luxury transport