Published: November 23rd, 2023,
Last updated: May 30th, 2025

The wealthiest one percent of the global population (around 77 million people) is responsible for 16 percent of global CO2 emissions. That is as many emissions caused by the poorest two-thirds. The wealthiest ten percent even cause 50 percent of global emissions. This is the conclusion of the latest Climate Equality report by the non-governmental organization Oxfam. The report is based on data from the Stockholm Environment Institute. However, the ten percent at the top are not just the super-rich. They include everyone with a yearly income of over 40,000 US dollars – meaning that many people from the middle class in developed countries also belong to the wealthiest ten percent of the world’s population.