Climate disasters don’t affect everyone equally. The super-rich are responsible for a disproportionate share of carbon emissions while the rest of the world faces the worst consequences. As people struggle to recover from floods, fires and rising food prices, the super-rich can protect themselves and even profit from the crisis.
Oxfam’s new research shows how the super-rich are also actually cashing in on climate pain – making huge profits from sky-high food prices and profiting from disasters. Meanwhile, ordinary people, hit by successive climate shocks, struggle to recover.
