CLEAN : Oxfam representative at Davos decries billionaire boom

The video discusses the severe inequality between the wealthy and the poor, emphasizing the need to end the billionaire boom. It highlights the exploitation of marginalized groups and the planet, and presents alarming statistics on wealth disparity. The video also addresses the concept of climate apartheid, where the rich can mitigate climate impacts while the poor suffer, using Delhi as an example of pollution affecting different social classes differently.

According to the text, what is the significance of the statistic regarding billionaires' wealth compared to the global population?

What does the term 'climate apartheid' refer to in the context of the text?