New paper today estimates the per capita emissions gaps for 1.5C of global income groups in 2030, based on NDCs
Richest 1% set for footprints 30x 1.5C-aligned global level
Richest 10% - 9x higher
Middle 40% - 2x higher
Poorest 50% - 2x lower @IEEP_eu@Oxfam@SEIclimate#COP26
In absolute terms, the consumption emissions of the richest 10% in 2030 are set to nearly amount to the global total in 2030 compatible with 1.5C (18Gt)
The poorest 90% are set to only just exceed that level
We estimate the share of emissions of the richest 1% are set to grow further following the 2015 Paris Agreement - reaching 16% of total global emissions by 2030
NDCs ahead of #COP26 mean emissions cuts 4 the richest 1% of just 5% - compared to 97% needed to align with the 1.5C global per capita level
Richest 10% set for 11% cuts vs 90% needed
Mid 40% = 9% vs 57% needed
Poorest 50% cld increase a bit, but still way below that level
Biggest turnaround in emissions trends set to come from the global 'middle classes' - from rapid emissions growth 1990-2015 to emissions peak and plateau this decade - it's a sign of the 'Paris effect'
Deepest cuts set to come from lower/middle income citizens in rich countries
The geography of #carboninequality is changing. But 2030 we expect the biggest share of the emissions of the richest 1% from citizens of China - overtaking the USA - then India, then EU. Saudi Arabia and Brazil the next biggest contributors to emissions of the super rich #COP26
From 1990-2015, global cumulative emissions roughly doubled. Over half of these emissions (52%) were driven by the consumption of the richest 10% of people, using up 1/3 of the remaining carbon budget for 1.5C. The richest 1% drove twice as much as the poorest 50% combined...
From 1990-2015, annual emissions grew 60%. The richest 5% of people drove over a third of this total growth. When we plot share of total emissions growth by ventiles of the world population, the curve looks like a dinosaur. Emissions barely grew among the poorest 50%...
Our latest report - 'Confronting Carbon Inequality in the EU: Why the European Green Deal must tackle inequality while cutting emissions' is here: oxfam.org/en/research/co… It builds on our earlier work with @SEIclimate using the same dataset. Here's a thread with the key findings
The EU as a whole was responsible for 15% of global cumulative consumption emissions 1990-2015, but the responsibility was not equally shared among EU citizens. Richest 10% = over 1/4 of the total = about the same as the poorest 50% of Europeans combined
EU consumption emissions fell c. 12% 1990-2015, but these cuts weren't equally shared among EU citizens. Emissions of poorest 50% fell 24%, those on middle incomes fell by 13%, while those of richest 10% actually INCREASED by 3% (and of richest 1% by 5%).