The provided text is an excerpt from a summary and full report commissioned by the G20 South Africa Presidency in November 2025, authored by the Extraordinary Committee of Independent Experts on Global Inequality. This extensive report meticulously details the high and persistent levels of global wealth and income inequality, noting that the richest one percent captured a disproportionate amount of new wealth between 2000 and 2024. Furthermore, the report explores the severe negative consequences of inequality, including the undermining of democracy, political stability, social cohesion, and the ability to address challenges like climate change and food insecurity. Finally, the source offers a comprehensive set of policy recommendations and interventions, such as tax reform, pro-worker regulation, and the establishment of an International Panel on Inequality (IPI), to address these structural drivers of disparity.