Private jets are seen on the tarmac at Friedman Memorial Airport ahead of the Allen & Company Sun Valley Conference, July 5, 2022 in Sun Valley, Idaho.
The world's richest 1% of people are responsible for around the same percentage of global carbon emissions as the 5 billion people who represent the 66% poorest, according to a report published Monday by Oxfam.
The charity's analysis, conducted with the Stockholm Environment Institute, found both groups contributed to 16% of emissions in 2019.
The wealthiest 10% were responsible for 50% of global emissions, it found, while the bottom 50% were responsible for just 8%.
Within the top 1%, the report links one-third of the carbon emissions to personal consumption in the U.S., followed by China and the Gulf countries.
Organizations:
Friedman, Allen & Company Sun Valley Conference, Oxfam, Stockholm Environment Institute, SEI
Locations:
Sun Valley , Idaho, Stockholm, U.S, China