Report shows gap widening between rich and poor around the world
Oxfam research highlights “inequality crisis”
At Christian Children’s Fund of Canada, we meet people struggling without enough food, adequate healthcare or access to education to create brighter futures for themselves. Yet, last year saw the largest increase in billionaires (ever), according to Oxfam, in a new report.
Oxfam, a global organization addressing injustice, highlights the inequality. “This increase was enough to end extreme poverty seven times over. Eighty-two percent of all of the growth in global wealth in the last year went to the top one percent, whereas the bottom 50 percent saw no increase at all,” reads the "Reward Work, Not Wealth" report.
The UN Sustainable Development Goals address this issue, but more work needs to be done as noted in numerous recommendations in the inequality report, including implementing policies and eliminating poverty pay.
At Christian Children’s Fund of Canada, we support children so they can go to school and reach their full potential. We also train youth and adults to build skills to generate a sustainable income. To learn more about our work, visit ccfcanada.ca.
About Christian Children’s Fund of Canada:
Christian Children’s Fund of Canada (CCFC) is a child-centred international development organization and a member of ChildFund Alliance. For nearly 60 years, CCFC has worked with children, communities, donors and other partners — changing lives through improved health, education and clean water. CCFC works in 12 countries across Africa, Asia and the Americas, to support more than 700,000 children, youth and community members.