THE GUARDIAN: Gulf between rich and poor increases risk of climate breakdown as well as entrenches poverty, says letter to UN and World Bank
Failure to tackle the widening gulf between the world’s rich and poor will entrench poverty and increase the risk of climate breakdown, a group of more than 200 leading economists have said.
In a letter to the UN secretary general, António Guterres, and the World Bank president, Ajay Banga, the signatories from 67 countries call on the two bodies to do more to reverse the sharpest increase in global inequality since the second world war.
Those backing the call for action include the former UN secretary general Ban Ki-moon, New Zealand’s former prime minister Helen Clark and the economists Jayati Ghosh, Joseph Stiglitz and Thomas Piketty. » | Larry Elliott, Economics editor | Monday, July 17, 2023
