As part of efforts to reduce inequality, Oxfam Nigeria has called for global redistribution of incomes, to provide everyone living in poverty with a minimum daily income of $25 while still reducing global emissions by 10%.
Oxfam in a report with the title, “Richest 1% emit four times more planet-heating pollution than the entire African continent,” on Monday, said Carbon emissions of richest 1% surged to 16% of world’s total CO2 emissions in 2019.
The report also revealed that the Africa continent’s agricultural productivity has fallen by 34% since 1961, in large part due to climate change.
The report revealed that, the richest one percent of the world carbon emissions are enough to wipe out over half of Africa’s production of rice, wheat, corn and soy and produced four times more carbon pollution in 2019 as the entire population of Africa.
“Unequal countries suffer seven times more flood fatalities than more equal countries,” reveals a new Oxfam report.
The report is coming ahead of the UN climate summit in Dubai, amid growing fears that the 1.5°C target for curtailing rising temperatures appears increasingly unachievable.
“These outsized emissions of the richest 1% will cause 1.3 million heat-related excess deaths, equivalent to over half the population of Gabon. Most of these deaths will occur between 2020 and 2030.
“The super-rich continue to be one of the biggest threats to safe and sustainable life on our planet,’’ said Oxfam in Africa Director, Fati N’zi-Hassane.
