The tobacco industry causes a net loss to the global economy, annually costing USD 1.4 trillion in economic losses and killing 8 million people; with a disproportionate impact in developing nations as over 80% of the world’s 1 billion smokers live in low- and middle-income countries (LMICs). Investment analysts estimate that the industry creates
at least 5 times more societal costs than benefits. Anti-fraud agencies have found evidence of tobacco companies’ complicity in smuggling and bribery, resulting in billions
in lost revenue. Environmentalists have pointed out that cigarette butts are the most widely littered object in the oceans. Human rights experts concluded that the tobacco industry must stop producing and marketing tobacco because it is “deeply harmful to human health” and irreconcilable with human rights.