Oxfam Calls for Ksh3,800 Daily Wage for Poor Kenyans to Reduce Inequality
Oxfam, a global organization dedicated to combating inequality, has urged governments worldwide in a new report to raise the daily wages of workers to $25 (Ksh3,811). The organization asserts that this action will significantly contribute to narrowing the poverty gap.
Oxfam, in its report titled “Climate Equality: A Planet for the 99%,” articulated apprehensions regarding societal disparities and proposed a series of reforms that could be implemented to tackle this issue.
โOxfam is calling on governments to provide everyone living in poverty with a minimum daily income of $25 while reducing global emissions by 10 percent,โ the report stated.
According to the organization, the worldwide redistribution of incomes will prevent Kenya and other developing countries from continuing to endure the brunt of climate change’s effects.
The rise in daily income is supported by a report indicating that the wealthiest one percent of the global population produced four times as much carbon dioxide in 2019 as the entire African population.
It is estimated that the damage caused by carbon pollution at 1% would be sufficient to eradicate more than half of Africa’s rice, wheat, maize, and legume production.
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Kenya and other African nations have begun to feel the repercussions of pollution emanating from the 1% global elite, as evidenced by a 34% decline in agricultural output over the past half-century.
โโThe super-rich continues to be one of the biggest threats to safe and sustainable life on our planet,โโ Oxfam noted in its report.
Oxfam contends that the augmented incomes will enable Africans to better equip themselves to confront the climate damage instigated by the ultra-wealthy.
Considering that the monthly minimum wage in Kenya is Ksh15,000, adopting Oxfam’s proposal would be an attempt to outdo the country.
To accomplish this, the international organization suggests a 60% tax on the incomes of the top 1% of the world’s wealthiest individuals.ย
The organization claims that by doing so, an annual sum of $6.4 trillion can be generated for distribution to Africa and other developing nations.ย
Oxfam Calls for Ksh3,800 Daily Wage for Poor Kenyans to Reduce Inequality
