It’s the bedrock idea underpinning global climate politics: Countries that got rich by spewing greenhouse gasses have a responsibility to cut emissions faster than those that didn’t while putting up money to help poor nations adapt.
In a shift away from European Central Bank orthodoxy, a senior bank executive has argued that even though the ECB’s monetary policy led to a decrease in labour income inequality, its asset purchase programs would lead to wealth inequality.
Affluence is the greatest barrier to a more sustainable world, according to a new scientific report, which also says that tackling overconsumption must become a priority as countries reset.