The wealthiest 0.1% of the world's population are heavily invested in disaster preparedness, recovery, and reconstruction, profiting from both the causes and the aftermath of the climate crisis.
Claims
The wealthiest 0.1% of the world's population are heavily invested in disaster preparedness, recovery, and reconstruction, profiting from both the causes and the aftermath of the climate crisis.
Parent: Climate ChangeEntity: Wealthiest 0.1%Impact: negativeDate: Oct 27, 2026Target: Profiting from climate crisis through disaster-related investments
Source posts
Oxfam finds that the world's richest are not just profiting from the causes of climate breakdown; they are also heavily invested in disaster preparedness, recovery and reconstruction
#GlobalCarbonFeeAndDividendPetition
https://www.theguardian.com/environment/2026/oct/27/super-rich-double-dividend-climate-crisis-oxfam
3 boosts · 3 favs · 0 replies · Oct 27, 2026
#globalcarbonfeeanddividendpetition
Oxfam has found that the richest 0.1% of the world’s population are heavily invested in disaster preparedness, recovery and reconstruction – a market that is projected to grow from $70bn to $92bn a year by 2029.
This gives the planet’s wealthiest and most powerful people a “double dividend” from the climate crisis and an incentive to delay or disrupt action to solve the problem.
#ClimateEmergency #Inequality
https://www.theguardian.com/environment/2026/oct/27/super-rich-double-dividend-climate-crisis-oxfam
35 boosts · 0 favs · 5 replies · Oct 27, 2026
#climateemergency#inequality