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Davos says it is focusing on the climate crisis, but its billionaires and world leaders are still arriving on private jets

1 month ago   |   By

REUTERS/Arnd Wiegmann
The World Economic Forum made the idea of a sustainable world the key theme for this year's event Davos, Switzerland.
But the financial, political, and celebrity elites that travel to the event will largely continue to travel by private jet, which is hugely damaging to the environment.
The WEF says it offsets the carbon emitted from flights by funding emissions-reducing projects, but this practice does not stop the carbon entering the atmosphere.
Swedish teenage climate activist Greta Thunberg will address the forum again, after she last year stunned global leaders by...
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The world's 2,153 billionaires are richer than 4.6 billion people combined, Oxfam says

The world's 2,153 billionaires are richer than 4.6 billion people combined, Oxfam says

1 month ago   |   By

Clodagh Kilcoyne/Reuters
The world's 2,153 billionaires have more wealth than 4.6 billion people combined, Oxfam's latest report on inequality found.
The richest 1% are more than twice as wealthy as 6.9 billion people, or nearly 90% of the human population, the report estimated.
A key driver of the wealth gap is that women and girls put in 12.5 billion hours of unpaid care work every day, the Oxfam researchers argued.
Their recommendations include investing in national care, passing laws to protect and pay care workers, and ending extreme wealth.
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