Super-Rich Cashing in on Climate Crisis, Report Finds
Oxfam says 1,000 of the world’s richest billionaires linked to 486 million tonnes of carbon dioxide equivalent in 2025 and profit from disaster recovery.
5 Articles
5 Articles
Super-rich cashing in on climate crisis, report finds
The world’s wealthiest people are not just profiting from the polluting causes of climate breakdown, they are also increasingly cashing in on the catastrophic consequences, a study by Oxfam showed. The global equality organization has found that the richest 0.1 percent of the world’s population are
Oxfam reveals that the richest individuals are generating a controversial double dividend by investing in polluting industries and subsequently investing in natural disaster recovery, which is further deepening global inequality.
The richest people in the world, about 0.1 percent of the world's population, are the most responsible for the climate crisis because they invest in polluting industries, and in recent years, everything.
The richest people in the world, about 0.1 percent of the world's population, are the most responsible for the climate crisis as they invest in polluting industries, and in recent years they have invested more and more in the disaster recovery market, which is predicted to grow rapidly, Oxfam research shows.
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