Big business is able to take advantage of loopholes in global tax laws and avoid tax on a massive scale. This deprives governments around the world of the money they need to tackle poverty and inequality. It means there is less for them to invest in healthcare, education and jobs.
Women’s economic empowerment could reduce poverty for everyone. In order to achieve it, we need to first fix the current broken economic model which is undermining gender equality and causing extreme economic inequality.
The neoliberal model has made it harder for women to have better quality and better paid jobs, address inequality in unpaid care work, and women’s influence and decision making power is constrained.
To achieve women’s economic empowerment, we need a human economy that works for women and men alike, and for everyone, not just the richest 1%.
The gap between the richest and the rest in Indonesia has grown faster in the past two decades than in any other country in South-East Asia. The four richest men in Indonesia now have more wealth than the poorest 100 million people. Inequality is slowing down poverty reduction, dampening economic growth and threatening social cohesion.
President Jokowi has made fighting inequality his administration’s top priority for 2017. This report shows how he could achieve this by enforcing a living wage for all workers, increasing spending on public services, and making big corporations and rich individuals pay their fair share of tax.
New estimates show that just eight men own the same wealth as the poorest half of the world. As growth benefits the richest, the rest of society – especially the poorest – suffers. The very design of our economies and the principles of our economics have taken us to this extreme, unsustainable and unjust point.
Pacific island countries are working hard to address the escalating realities of climate change, including the impact on land, livelihoods, and on the food and water security of their most vulnerable communities. The need for accessible, predictable, adequate and appropriate financial support to meet the climate crisis is urgent and growing.
The Paris Agreement marked a major breakthrough in support for climate action from many parts of the business community, including from key actors in the food and beverage sector. But despite significant progress, much work remains both to cut greenhouse gas emissions and to support the millions of people already hit by climate change.
About 60 million people across Southern Africa and the Horn, Central America, and the Pacific face worsening hunger and poverty due to droughts and crop failures in 2014–15 that have been exacerbated by the El Niño weather system in 2015–16. This number is likely to rise. The international response is working, but much more is needed and long-term solutions must be found.
The rise of extreme economic inequality is a serious blow to the fight against gender inequality and a threat to women’s rights. Women’s economic empowerment has the potential to transform many women’s lives for the better and support economic growth. However, unless the causes of extreme economic
The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. A global network of tax havens further enables the richest individuals to hide US$7.6 trillion. Click below to download the summary or the full report.