World's Wealthiest Cause Trillions in Environmental Damage Each Year
5 Articles
5 Articles
The richest 10% generate a multimillion dollar environmental bill that could exceed 5 trillion euros a year, a figure that shows the enormous ecological impact associated with the world’s highest consumption and wealth patterns. Researchers warn that the consequences go far beyond greenhouse gas emissions. The richest 10% generate a multimillion dollar environmental bill while the world tries to find resources to finance the fight against climat…
Researchers at Leiden University in the Netherlands and Oxford University in England estimated the annual damage to between 1.7 trillion and 5.7 trillion dollars in a study published in the journal Communications Sustainability, according to Mrs. The Guardian. Authors argue that the results show the need for people who contribute most to this damage to be held more accountable. Inge Schrijver, the principal author of the study and researchers at…
The richest 10% in the world, with revenues of more than 45,000 euros per year, generates an environmental bill of about 5 trillion euros per year, according to an international study that puts figures at the hidden cost of inequality.The bill of 5 trillion euros per year: the price of opulence The group analyzed in the research includes all those people with an annual income above 45,000 euros, a figure that in countries like the United States …
The 10% of the world's population that consumes the most causes between $1,700 and $5,700 billion in environmental damage each year — more than the international funds available to combat climate change and biodiversity loss combined. A study published in Communications Sustainability figures for the first [...]
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