As per The Guardian, researchers also determined that if the rich group of the population was to reduce its emissions, then the poorest would have enough room to increase their share of CO2 emissions in order to achieve a more decent lifestyle, without damaging the planet.

At the same time, the study found that rich people from developing countries actually pollute the planet more than low-income population from developed nations.

In the study named Climate Inequality Report 2023, experts say that "carbon inequalities within countries now appear to be greater than carbon inequalities between countries."

"While cross-country emission inequalities remain sizeable, overall inequality in global emissions is now mostly explained by within-country inequalities by some indicators", they added.

At the same time, they mentioned that "patterns of consumption and investment by the polluter elite, which drive these unequal contributions to climate change, need to be reduced and redirected respectively. This is a huge challenge."

Experts believe that a potential solution is to progressively increase taxes for the rich segment of the population and for companies as well, with the collected money being invested in nature-oriented technologies that bring emissions down.