PARIS: The richest 1 per cent of people are responsible for more than twice as much carbon pollution as the poorest half of the world's population – 3.1 billion people – new research showed on Monday .
Just 63 million people – the"1 per cent" – took up 9 per cent of the carbon budget since 1990, research conducted for Oxfam by the Stockholm Environment Institute found.Highlighting an ever-widening"carbon inequality", the analysis said the growth rate of the 1 per cent's emissions was three times that of the poorest half of humanity.
But emissions have continued to rise since then, and several analyses have warned that without a thoroughly re-tooled global economy prioritising green growth, the pollutions savings due to COVID-19 will have an insignificant mitigating impact on climate change.With just 1 degree Celsius of warming so far, Earth is already battling more frequent and intense wildfires, droughts and super storms rendered more powerful by rising seas.
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