Neus Escobar

Neus Escobar

Neus Escobar
Position

Researcher at BC3 (Basque Center for Climate Change).

The world's top 10% spenders are responsible for environmental damage worth between $1.7 and $5.7 trillion

A team from the UK and the Netherlands has estimated the environmental cost attributed to the actions of the top 10% of spenders—generally the wealthiest—both globally and in the richest country on each continent. Globally, they are responsible for damages worth between US$1.7 trillion and US$5.7 trillion. These figures exceed the funding needed to meet the 2035 climate finance target agreed upon at COP30—US$993 billion—and to cover the funding needed to halt biodiversity loss by 2030—US$657 billion. The study is published in Communications Sustainability, a journal of the Nature group. 

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CO2 emissions caused by private flights increased by 46 % between 2019 and 2023

Private flights are used by approximately 0.003 % of the world's population, but the CO2 emissions they released in 2023 were equivalent to 1.8 % of those of all commercial aviation. These are the conclusions of a study published in the journal Communications Earth & Environment, which estimates that emissions from private flights increased by 46 % between 2019 and 2023. Almost half of them covered a distance of less than 500 kilometers.

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