The 782 wealthiest people on the planet hold personal fortunes of around $5,149 billion. Friends of the Earth International calculates that this sum could power Africa, Latin America and much of Asia with 100% renewable energy by 2030.

This briefing clearly illustrates that the finance for an energy revolution certainly exists. The political will to drive the transformation is, on the other hand, shockingly absent. It is a gross injustice that 0.00001% of the global population hold the kind of wealth that could halt a climate disaster, but instead often exacerbate the problem.

Full report and shorter summary available.