- The Oxfam International and the Stockholm Environmental Institute (SEI) has released a report titled “Confronting Carbon Inequality”.
Data Analysis from 1990 to 2015
- The richest 1% of humanity accounted for 15% of cumulative emissions, while the poorest 50% accounted for only 7%.
- The richest 10% depleted the global carbon budget by 31% and the poorest 50% used only 4% of the carbon budget.
- A carbon budget is a cumulative amount of carbon dioxide (CO2) emissions permitted over a period of time to keep within a certain temperature threshold.
- While the richest 10% accounted for 46% of emissions growth, the poorest 50% accounted for only 6%.