Amitabh Behar, Oxfam's executive director, highlights alarming global inequality where billionaires added $2 trillion in 2024, juxtaposed against 3.6 billion people living in poverty. He emphasizes the urgency for global leaders, especially in light of potential political shifts, to address this divide. The inequalities disproportionately impact women and minorities, exacerbating the climate crisis effects. Oxfam's relocation to Nairobi reflects its commitment to decolonization, marking a shift in the fight against poverty and wealth disparity. With a projection of five trillionaires within a decade, the urgent need for systemic change becomes evident.
Amitabh Behar emphasizes that while billionaires amassed $2 trillion last year, 3.6 billion people live below the poverty line, highlighting increasing global inequality.
Behar indicates that the wealth disparity is alarming, predicting five trillionaires in a decade, while 733 million suffer from hunger; inequality is systemic and growing.
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