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Oxfam report says super-rich profit doubly from climate crisis
Original: Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds
A new Oxfam report finds the world's wealthiest people benefit twice from the climate crisis: their investments drive the emissions causing it, while they also profit from financing disaster recovery, which widens inequality. The charity argues this creates an incentive for the rich to delay meaningful climate action, and calls for stronger measures to hold high emitters accountable.
Why now: The fresh Oxfam report linking billionaire wealth to both causing and profiting from climate breakdown is drawing attention amid ongoing debates over climate inequality.
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Evidence
- Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds · The Guardian
Oxfam says investing by rich in disaster recovery widens inequality and gives incentive to delay climate action
Elsewhere
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