The Future is Equal

News & Media

Even it up: Time to End Extreme Inequality

Economic inequality has reached extreme levels. From Ghana to Germany, Italy to Indonesia, the gap between rich and poor is widening. In 2013, seven out of 10 people lived in countries where economic inequality was worse than 30 years ago, and in 2014 Oxfam calculated that just 85 people owned as much wealth as the poorest half of humanity.


Food, Fossil Fuels and Filthy Finance

Climate change is already making people hungry, and the use of fossil fuels is largely to blame, representing the single biggest source of greenhouse gas emissions globally. On current trends, the world will be 4–6ºC hotter by the end of the century, exceeding 2ºC within the lifetimes of most people reading this report. This could put up to 400 million people in some of the poorest countries at risk of severe food and water shortages by the middle of the century. This paper shows how, despite some steps in the right direction to tackle climate change, a “toxic triangle” of political inertia, financial short-termism and vested fossil fuel interests is blocking the transition that is needed.