Camilo de Castro

In this excellent new report, our sister organization @Oxfam lays bare the extreme inequality at the heart of the deepening climate crisis. First, billionaires and the super-rich are burning far more carbon than the rest of us. The richest 0.1% generate more emissions than the bottom 3.5 billion people. The resulting “unnatural disasters,” from floods to droughts, devastate communities worldwide, but they disproportionately affect those who have contributed least to the climate crisis. The impact is even deeper inequality, with people and governments facing skyrocketing debt from climate-related loss and damage. At the same time, Oxfam's research shows how the super-rich profit from climate suffering. They reap enormous profits from soaring food prices, disaster recovery contracts, and other climate-related shocks. Confronting extreme wealth inequality, fossil fuel industry capture, harmful subsidies, and tax injustice is not separate from the struggle for human rights. It's central to it. #DisasterDivide