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Title: Wealthy individuals fuel climate crisis through wealth more than consumption: Climate Inequality Report 2025
Source:The Indian Express
Date:29 October 2025

Wealthy individuals significantly contribute to the climate crisis, with 41% of global emissions linked to private capital ownership. The Climate Inequality Report 2025 indicates that the top 1% accounts for 15% of consumption-based emissions, highlighting a stark disparity where their per capita emissions can be up to 680 times higher than those in the bottom 50%. The report proposes a carbon-adjusted wealth tax to discourage high-carbon investments while promoting green transitions, along with a global ban on fossil fuel investments. It warns that failing to act could exacerbate wealth inequality as climate change impacts are felt most by the poorest, who lack resources for adaptation. The report stresses the urgency of advancing low-carbon initiatives, as the remaining carbon budget to limit warming to 1.5°C could be exhausted within three years.




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