If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.
With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.
Sri Lanka’s central bank embraced deflationary measures that allowed currency appreciation and restored external stability. Critics argue, however, that these gains may be short-lived without structural reforms and tighter inflation targets.
Human rights activists and legal experts have also welcomed the initiative, emphasising the need for independent oversight to uphold justice and prevent abuse of power.
By combining grassroots involvement with scientific expertise, the annual water bird census remains a cornerstone of Nepal’s conservation efforts, offering hope for the sustainable preservation of its wetlands and the diverse species they sustain.
Case studies from Ethiopia, Mexico, and the Netherlands highlight how targeted actions, informed by robust governance and a focus on resilience, can catalyse broader progress.
For UNDP, this is not only an area that requires urgent action but also a natural point of thematic convergence that brings together two of our areas of expertise: climate action and governance.
At a unique event held recently in Tehri district, women of Bugala village were honoured as chief guests by their community at the traditional harvest festival known as Ropani.