New report on climate and inequality
The report explores the relationship between inequality and climate and takes an empirical approach to document the different climate footprints of rich and poor, and the differences in how they are impacted by the consequences of climate change.
The findings in the report are based on statistics from new databases and an examination of today’s status of research in this field.
The report indicates that:
- Differences in climate gas emissions are extraordinarily high, not only between countries but to an even higher degree within each nation.
- The poorest half of the world’s population owns only two percent of the world’s wealth, are responsible for only 12 percent of emissions, but suffer 75 percent of losses.
- The wealthiest 10 percent are responsible for 48 percent of emissions, but incur only three percent of losses.
The report demonstrates how developing countries have only a marginal responsibility for climate change, and are only to a small degree able to finance climate related expenses. In consequence, the report argues strongly for intensifying international climate financing. The report also makes recommendations for a series of major initiatives, especially tax-related, both globally and nationally.
Read and download the report here
This report is an independent work and the responsibility of the writers. See also Home - EN - World Inequality Lab