In the last 30 years, the percentage of the richest people in the global population has emitted twice as much carbon into the atmosphere as the entire poorest half of the planet.
The 64 million people who make up 1% worldwide are responsible for about 15% of all carbon emissions between 1990 and 2015, according to the new investigation and Oxfam. Meanwhile, the 3.1 billion people in the world’s poorest half emitted only 7%.
This is a strong inequality that is primarily responsible for the devastating impact of climate change.
“Now is the time to listen, to integrate our knowledge and to give priority to saving nature in order to save ourselves”
Nine research Oxfam suggests that the world’s richest nations will need to radically transform – and clean up – their infrastructure and economies if we, as a planet, are to meet the goals set by the 2015 Paris climate agreement.
Otherwise, they will swallow the entire carbon budget allocated to the planet, without giving other countries or parts of the globe space to grow further. The carbon budget is the limit to the cumulative greenhouse gas emissions that humanity can produce before making inevitable catastrophic temperature rises.
Thus, those nations may have to choose between alleviating their poverty or protecting the climate, all because they have not been given room to move, Tim Gore, head of policy, advocacy and research at Oxfam, told AFP. . “It’s a false dichotomy to suggest that we have to choose between economic growth and (remedying) the climate crisis,” says Gore.
So, despite a sharp drop in carbon emissions due to pandemic isolation, the world remains at a rate of warming by a few degrees in this century, threatening poor and developing countries with the full range of natural disasters.