Climate change and inequality

According to a report recently published by the non-governmental organization Greenpeace, the world's super-rich cause $1 trillion in climate damage each year.

Specifically, the wealthiest 1% of the world's population controls approximately 40% of emissions based on ownership. This is the amount of greenhouse gases generated by private businesses and assets, accounting for 60% of total global emissions. Greenpeace argues that climate debates have long focused on individual consumption behaviors such as air travel, car ownership, or energy consumption. However, the impact of business ownership and investments in high-emission sectors such as oil and gas, real estate, or heavy industry is a much more significant but often overlooked factor.

Conversely, the poorest half of the world's population produces only about 3% of the same type of emissions.

Another report, conducted by a team of scientists at the International Institute for Applied Systems Analysis (based in Austria) and the Swiss Federal Institute of Technology, published in the scientific journal Nature last year, also showed that the world's richest people are responsible for 65% of the global temperature increase since 1990. According to the researchers, in 2020, the average global temperature was 0.61 degrees Celsius higher than in 1990.

The report, titled “High-Income Groups Disproportionately Contribute to Extreme Climate Events Worldwide,” states that approximately two-thirds of the increase is due to emissions from the wealthiest 10% of the planet. “We found that emissions from the wealthy play a major role in driving extreme climate events. This strongly supports climate policies aimed at reducing their emissions,” said the report’s lead author.

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Meanwhile, the world's poorest 50% contribute only one-third of total global emissions.

On a national level, the world's leading economies such as China, India, the United States, and the European Union contribute the most to global climate change.

Paradoxically, the poor and poor countries are the ones bearing the heaviest consequences of extreme weather events. According to the United Nations, nearly 900 million of the world's poorest people are directly facing increasingly serious risks from climate change.

One UN expert even suggested that the world is facing "climate racism," meaning that the rich, who are the "main culprits" causing climate change, are better able to adapt, while the poor, who bear only a small part of the responsibility, suffer the worst impacts.

Considering the countries, those most severely affected by climate change are Chad, the Central African Republic, Eritrea, the Democratic Republic of Congo, and Sudan – all poor countries with low emission levels.

United States - Vietnam: Don't miss

Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.From June 28-30, the Vietnamese Ambassador to the United States, Nguyen Quoc Dung, paid a visit and worked in Minnesota.

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

NATIONAL DAY

Source: https://baocantho.com.vn/bien-doi-khi-hau-and-chuyen-bat-binh-dang-a207086.html