Landmark G20 Report Calls for Global Action on the Inequality Emergency

A landmark G20 report led by Nobel Laureate Joseph Stiglitz sounds the alarm on a growing ‘inequality emergency’ and calls for the creation of an International Panel on Inequality.

An Extraordinary Committee of independent experts, appointed by President Cyril Ramaphosa, launched the G20’s first-ever report on global inequality. The Committee urges the establishment of an International Panel on Inequality to inform policymaking internationally and by governments.

The report’s new analysis shows that between 2000 and 2024, the world’s top 1% captured 41% of all new wealth, while just 1% went to the bottom 50%, raising concerns about democratic capture linked to growing wealth concentration.

Read the full report: G20 Global Inequality Report