[5/5]
Given the ongoing investments in fossil fuel infrastructure and their severe environmental impacts, we call for a ban on all new fossil fuel investments.
Read more in #ClimateInequality Report 2025: wid.world/news-article... #WealthInequality #cop30

[4/5] European coal mines are mostly domestically owned, while over 30% of owners in Sub-Saharan Africa are based in other regions, often unidentifiable.

[3/5] Ownership of fossil fuel investments reflects global wealth inequality and shows new forms of colonial-style extraction.

[2/5] Despite global climate pledges, global capital flowing into fossil fuel projects still amounts to approximately USD 1.1 trillion - about one third of total energy investments.

This conference is organized in partnership with @pse.bsky.social @taxobservatory.bsky.social @cris-sciencespo.bsky.social @lseinequalities.bsky.social, Berkeley and PSE Stone centers

[6/6] Given the ongoing investments in fossil fuel infrastructures and their severe environmental impacts, the reports calls for a ban on all new fossil fuel investments.

Read more in the report: wid.world/news-article...

Because fossil fuel companies often have complex transnational corporate structures, it’s hard to know who really owns them. This lack of transparency also makes it difficult to enforce effective regulation.

[5/6]

Decarbonizing at home, burning fuel abroad?

Ownership of fossil fuel investments reflects global wealth inequality and shows new forms of colonial-style extraction.

[4/6]

Despite global climate pledges, global capital flowing into fossil fuel projects still amounts to approximately USD 1.1 trillion - about one third of total energy investments.

[3/6]

📊 Our report uses a private ownership-based approach that links emissions from productive assets directly to the owners of firms.

Why?

👉 Because richest individuals who own polluting assets control, influence and profit from production processes causing emissions, unlike consumers.

[2/6]

Building on two years of pioneering research conducted by the WIL and universities worldwide, the Climate Inequality Report 2025 was written and edited by @lucaschancel.bsky.social and @cmohren.bsky.social, with contributions from @pbothe.bsky.social @stellamuti.bsky.social and Pol Villaverde.

📝 Policy recommendations to address the dual challenges of the #climatecrisis and #wealthinequality:
1️⃣A global ban on new fossil fuel investments
2️⃣A financial investment tax on the carbon content of assets
3️⃣Major public investment in low-carbon infrastructure

More in Climate Inequality Report 2025

🔭 Projections of private & public wealth inequality under different ownership scenarios for climate-related investments. ⚠️The top 1% could see their share of world wealth jump from 38% to 46% by 2050 if they own tomorrow’s low-carbon assets.

#ClimateInequality Report 2025

📊 New estimates on the emissions of global wealth groups — using a private ownership-based approach that links emissions from productive assets directly to the owners of firms, not just consumers.

#ClimateInequality Report 2025 #inequalitydata

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