Global wealth inequality has been demonstrated to have a multifaceted impact on societal challenges, including the hindrance of obstruction and the weakening of mitigation measures and their support (Green und Healy, 2022). This phenomenon not only hinders environmental sustainability but also exacerbates social disparities, as evidenced by the increase in CO2 emissions and the disparities in health and well-being observed among lower-income households (Haciimamoglu et al., 2025, Chancel et al. 2025).<\/p>\n
Chancel et al. (2025) emphasize the research in their paper, which utilizes modeling to analyze wealth and capital share under potential future scenarios. They also develop a new conceptual framework to assess the impacts of climate change (policies) on global wealth distribution. The framework under consideration comprises three fundamental components: climate\/policy change, biophysical impacts, and monetary impacts. These components interact with one another in a variety of ways.<\/p>\n
In this regard, the carbon tax is a popular tool for mitigation, the investigation of which was further pursued by Ohlendorf et al. (2021). A meta-analysis was conducted, which suggests that the implementation of revenue recycling mechanisms may result in a reduction of distribution inequalities in the context of carbon taxes.<\/p>\n
Both papers will be used for the refined title, which will focus on using the framework to assess the impact of the carbon tax on wealth distribution.<\/p>\n
Update after feedback<\/strong>:<\/p>\n The aim of the poster is not to assess which wealth distribution would be just. A better title would therefore maybe be: Climate Change Mitigation and Wealth Distribution – Using Policies To Reduce (Wealth) Inequalities. The motiviation would be based on the observation that current wealth distributions and inequalities slow climate mitigation down and have multifacet social impacts to evaluate certain mitigation policies (in this case the carbon tax) on whether they reduce theses inequalities.<\/p>\n <\/p>\n Green, F., & Healy, N. (2022). How inequality fuels climate change: The climate case for a Green New Deal. *One Earth, 5*(6), 635-649. https:\/\/doi.org\/10.1016\/j.oneear.2022.05.005<\/p>\n Haciimamoglu, T., Sungur, O., Yildirim, K., & Yapar, M. (2025). Rethinking the Climate Change\u2013Inequality Nexus: The Role of Wealth Inequality, Economic Growth, and Renewable Energy in CO2<\/sub> Emissions. Sustainability<\/em>, 17<\/em>(8), 3335. https:\/\/doi.org\/10.3390\/su17083335<\/p>\n Chancel, L., Mohren, C., Bothe, P. et al.<\/i> Climate change and the global distribution of wealth. Nat. Clim. Chang.<\/i> 15<\/b>, 364\u2013374 (2025). https:\/\/doi.org\/10.1038\/s41558-025-02268-3<\/p>\n Ohlendorf, N., Jakob, M., Minx, J.C. et al.<\/i> Distributional Impacts of Carbon Pricing: A Meta-Analysis. Environ Resource Econ<\/i> 78<\/b>, 1\u201342 (2021). https:\/\/doi.org\/10.1007\/s10640-020-00521-1<\/p>\n","protected":false},"excerpt":{"rendered":" Global wealth inequality has been demonstrated to have a multifaceted impact on societal challenges, including the hindrance of obstruction and the weakening of mitigation measures and their support (Green und Healy, 2022). This phenomenon not only hinders environmental sustainability but also exacerbates social disparities, as evidenced by the increase in CO2 emissions and the disparitiesContinue reading “Climate Change Mitigation and Wealth Distribution – Envisioning a more just world”<\/span><\/a><\/p>\n","protected":false},"author":182,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[241],"tags":[],"class_list":["post-3913","post","type-post","status-publish","format-standard","hentry","category-blog-posts-2025"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/posts\/3913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/users\/182"}],"replies":[{"embeddable":true,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3913"}],"version-history":[{"count":5,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/posts\/3913\/revisions"}],"predecessor-version":[{"id":4008,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=\/wp\/v2\/posts\/3913\/revisions\/4008"}],"wp:attachment":[{"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uncertain2degrees.blogs.uni-hamburg.de\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}