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World's richest 1% emit more carbon than 66% of poorest

Shortpedia

Content Team
Image Credit: NewsBytes

In a shocking revelation, a groundbreaking report by Oxfam has exposed a harrowing truth: the richest 1% of the world's population is responsible for a staggering 16% of global CO2 emissions. This wealthy group includes billionaires, millionaires, and high-income individuals. The repercussions extend far beyond environmental concerns, affecting vulnerable communities and hampering global efforts to combat the escalating climate emergency.