Posted on Nov 06, 2025 / World

A landmark report commissioned under South Africa’s G20 presidency has warned that global wealth inequalities have reached “emergency” levels, with the richest 1 % capturing 41 % of new wealth since 2000. The report found 83 % of countries (covering 90 % of the world population) now meet the World Bank’s benchmark for high inequality. It proposes the establishment of a dedicated international panel—similar to the IPCC for climate—to monitor and guide policy on inequality. Recommendations include rewriting tax and trade rules and boosting investment in public services. The findings are expected to shape discussions at the upcoming G20 summit in Johannesburg.
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