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Story summary
- Oxfam's analysis finds the world's richest 1% used up their carbon budget within 10 days of 2026.
- The richest 0.1% exhausted theirs in three days.
- Oxfam warns that low-income countries, Indigenous groups, and women will suffer the most from climate change.
- It projects £44 trillion in global damage by 2050 and says the wealthiest must cut emissions by 97% by 2030 to meet the Paris Agreement.
