“In my benchmark estimates, I find that the bottom 50% of the world population emitted 12% of global emissions in 2019, whereas the top 10% emitted 48% of the total. Since 1990, the bottom 50% of the world population has been responsible for only 16% of all emissions, whereas the top 1% has been responsible for 23% of the total. While per-capita emissions of the global top 1% increased since 1990, emissions from low- and middle-income groups within rich countries declined. Contrary to the situation in 1990, 63% of the global inequality in individual emissions is now due to a gap between low and high emitters within countries rather than between countries. Finally, the bulk of total emissions from the global top 1% of the world population comes from their investments rather than from their consumption.”
Source: Lucas Chancel on nature.com
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