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Oxfam report says super-rich profit twice 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 emissions are among the main causes of global warming, while their investments in disaster recovery and reconstruction deliver returns that widen inequality. Oxfam argues this gives the rich a financial incentive to delay climate action, and calls for sharper taxation and accountability as the costs of extreme weather mount worldwide.

Why now: The report lands amid growing debate over who should pay for climate damage as extreme weather worsens.

Oxfamthe super-rich

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