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Oxfam Claims that 1% of the World's Wealth Will End with Poverty for 22 Years
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One report gives this fifth by Oxfam shows that the wealth that 1% of the world's population has generated since 2017 would allow the end of global poverty for 22 years. The NGO recommends changes.
The wealth accumulated by the great fortunes since 2015 would be sufficient to finance poverty eradication over the next 22 years, according to a report published by Oxfam Intermón. The data, collected by organizations fighting inequality, show the economic gap in a society where the most wealthy 1% concentrates a disproportionate share of resources. The analysis estimates that the annual cost to remove all people in poverty in Spain alone is ar…
New analysis revealed an "astronomic increase" in private wealth between 1995 and 2023, with an increase of $342 billion
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noticiasdegipuzkoa.eusThe wealth that has accumulated the richest 1% of the planet since 2015, when the Sustainable Development Goals (SDGs) were agreed, so far would make it possible to end poverty over the next 22 years, according to the latest report published by Oxfam Intermón at the prelude to the International Conference on Financing for Development to be held next week in Seville.
A report by Oxfam International revealed that the wealth of 1% more rich has increased by around 29 billion euros in real terms since 2015.
According to the report, this value could eliminate poverty 22 times. A group, made up of 77 million people, holds 45% of the Global Report published on Thursday by Oxfam shows how global inequality continues to grow. According to the entity, between 2015 and 2022 (the latest available), the wealth of the world's population increased by more than US$ 33.9 trillion. This amount, according to Oxfam, would be sufficient to eliminate global poverty …
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