World's Richest 10% Are Costing Earth Trillions, Study Finds
Researchers estimate biodiversity loss and climate change make up most of the global 10%’s $1.7 trillion to $5.7 trillion annual damage bill.
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8 Articles
The most privileged people on the planet have a "significant" weight on the destruction of nature, shows a scientific study published on Thursday, having estimated several thousand billions of dollars a year.
World's highest-consuming 10% cause up to $5.7 trillion a year in environmental damage, study finds
The environmental damage caused by the world's highest-consuming 10% of people is worth $1.7 trillion to $5.7 trillion a year. At the central and upper estimates, this is several times more than the international community has committed to spend on climate action and biodiversity conservation combined, and is on the scale of the funding estimated to be needed globally to address these crises.
The most privileged people on the planet have a "significant" weight on the destruction of nature, shows a scientific study published this Thursday, June 18, 2026, having estimated several thousand billions of dollars a year.
Madrid.- It is known that the richest 10 percent of the world's population is responsible for at least two thirds of global warming but, according to a new study, its consumption not only harms the climate, it also causes environmental damage of between 1.5 and 5 trillion euros per year. These figures exceed the funding needed both to meet the COP climate financing target for 2035, set at 993 billion dollars per year (855.20 million euros), and …
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