Wealthiest 10 Percent In Developing Nations Emit Less Emissions Than Regular Earners In Rich Nations: Study
Analysing per capita CO2 emissions across income brackets in 14 countries, the EU, and the ASEAN region, the study uses data from the World Inequality Database and the World Bank
A recent study by the New Delhi-based climate think tank Council for Energy, Environment, and Water (CEEW) reveals that individuals in rich countries, even with regular incomes, produce more carbon dioxide than the wealthiest 10 percent of people in developing nations like India and Brazil.
The study, released ahead of the UN climate talks in Dubai, discloses that the richest 10 per cent of developed countries and China generate 22 per cent more CO2 than all the studied developing countries combined.
Analysing per capita CO2 emissions across income brackets in 14 countries, the EU, and the ASEAN region, the study uses data from the World Inequality Database and the World Bank. These countries collectively contribute to 81 per cent of global emissions, 86 per cent of the world’s GDP, and 66 percent of the global population.
The research highlights significant disparities, with individuals in the bottom 10 per cent income bracket of Saudi Arabia, the US, or Australia emitting 6 to 15 times more carbon than those in the poorest decile of India, Brazil, or the ASEAN region. The study emphasises the scientific basis for ‘common but differentiated responsibilities,’ particularly as the COP28 climate talks approach.
Prime Minister Narendra Modi’s call for the Lifestyle for Environment (LiFE) movement aligns with the study’s findings, urging a shift towards planet-friendly living practises.
The study indicates that encouraging the adoption of low-carbon lifestyles among the wealthiest can lead to substantial emission reductions. If the richest 10 per cent of developed countries and China reduce their carbon footprint by half, over 3.4 billion metric tonnes of CO2 could be saved annually.
Additionally, a carbon tax on the wealthiest 10 per cent of developed countries and China could generate USD 500 billion, discouraging highly carbon-intensive consumption patterns.
These funds could be directed towards climate change mitigation, research and development, clean technology, and building resilience. The study underscores the urgency of addressing inequities and holding the rich accountable for pursuing sustainable lifestyles as the world grapples with the challenge of climate change.
(Inputs from PTI)