Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds

A new report by Oxfam finds that the world's wealthiest individuals are benefiting twice from the climate crisis: they are profiting from the causes of climate change and also from the costs of disaster recovery. This means that the rich are not only making money from industries that contribute to climate change, but also from investments in disaster preparedness and reconstruction. As a result, the report suggests that investing in disaster recovery widens inequality and gives wealthy individuals an incentive to delay climate action.

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The super-rich are profiting from both the causes and the costs of the climate crisis, according to a report by Oxfam. This is due to their investments in disaster recovery, which not only widens inequality but also gives them an incentive to delay climate

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