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Oxfam: Richest 0.1% emits more than half the world

By Drooid · Oct 27, 2026, 3:55 PM UTC · How we work

Summary

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Oxfam released a report in Turkey saying the richest 0.1% emit more carbon than half the world’s population.
The richest 0.1% produce over three times the carbon of Sub-Saharan Africa’s 1.3 billion people.
A richest 0.1% individual contributes nearly 400 times more to extreme heatwaves than someone in the poorest 50%.
Oxfam urges COP31 governments to tax ultra-rich polluters and triple adaptation finance by 2035.
Oxfam also calls for ending climate-disaster profiteering.

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Story summary

Oxfam released a report in Turkey saying the richest 0.1% emit more carbon than half the world’s population.
The richest 0.1% produce over three times the carbon of Sub-Saharan Africa’s 1.3 billion people.
A richest 0.1% individual contributes nearly 400 times more to extreme heatwaves than someone in the poorest 50%.
Oxfam urges COP31 governments to tax ultra-rich polluters and triple adaptation finance by 2035.
Oxfam also calls for ending climate-disaster profiteering.