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The richest one percent of the world's population pollutes as much as 5 billion people

2023-11-21 10:55:06Biznes SHKRUAR NGA REDAKSIA VOX

The richest one percent of the world's population pollutes as much as 5

In 2019, the richest 1 percent of the world's population in terms of income was responsible for as much carbon dioxide emissions as 5 billion people, or two-thirds of humanity. This is the alarm raised by a new Oxfam report.

The report denounces how the emissions for which the richest 1% of the planet are responsible will cause 1.3 million deaths due to the effects of global warming, most of them by 2030. Victims that could be avoided with a radical change and immediate road.

According to an earlier Oxfam study, an increase in taxes on the great wealth would raise up to $1.4 trillion a year, vital resources that could go a long way, if properly channeled, to helping countries in development – ​​those most affected by the climate crisis – to adapt and cope with losses and damages from extreme climate events.

According to the latest estimates, adaptation costs for developing countries will rise to $300 billion per year by 2030. Africa alone will need $600 billion between 2020 and 2030. Oxfam also calls for more polluting investments to be taxed more, to discourage them.


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