Defusing the Human 'Population Bomb'?

A new study has been commissioned by the Club of Rome. It predicts that by 2050, at current trends, the world's human population will reach a high of 'only' 8.8 billion. Subsequently, that total should, the report feels, rapidly decline (https://www.theguardian.com/world/2023/mar/27/world-population-bomb-may-never-go-off-as-feared-finds-study). The Club of Rome study also suggests a lower human population peak could be reached earlier. This would require, however, all governments to raise both average incomes and education levels. This apparent failure of the population bomb 'to explode' seems, at first glance, good news for our planet's environment. Climate change might be limited, as well as pollution and biodiversity losses being reduced. The current world population of humans is a 'mere' 7.8 billion. The Earth is already seriously stressed by these folk. Humans do not, however, exert equal environmental impacts. Excessive consumptions/emissions by wealthy individuals, are clearly prime causes of our planet's environmental problems. Even if the total world population of humans never reaches once-feared levels, the privilaged will always be with us.