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HomeNewsOpinionWho will pay the costs of mitigating climate change?

Who will pay the costs of mitigating climate change?

Manas Chakravarty   •

The richest 10 percent of the global population emits nearly 48 percent of global emissions in 2019, the top 1 percent emits 17 percent of the total, whereas the poorest half of the global population emits 12 percent of global emissions

A report from AIR Worldwide, a global risk modeling firm, estimates that now each year extreme weather is costing $320 billion around the world, with only about one-third of it insured. (Image: AP)

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