Building a Fairer World: Key Lessons from the UN Summit 2024

The United Nations Summit of the Future 2024 brought together global leaders to tackle some of the world’s biggest issues, like inequality, sustainability, and human rights. At the heart of the discussions was the Pact for the Future, which called on wealthier nations, corporations, and individuals to help build a fairer world by redistributing wealth and supporting those in need. Here's how the summit's strategy is shaping up, and what we need to do next.

Strategy: Economic Justice at the Centre

The summit focused heavily on economic justice, stressing that wealth needs to flow from the richest to those who need it most.

Leaders agreed that the current system disproportionately benefits a small number of people, and this imbalance must be corrected.

Wealth must be redistributed, not only through taxes but also through corporate responsibility and direct community investments.

Alongside this, digital inclusion and sustainability were recognised as essential elements in creating a more balanced global system.

Planning: Empowering People and Communities

To make this vision a reality, leaders outlined a clear plan in four key areas:

Employment First: A job is more than a paycheck; it’s dignity and stability. "If one person gets a job, one family stands." The summit urged both governments and businesses to prioritise job creation as a pathway out of poverty.

Fair Wages and Decent Work: Everyone should have access to basic rights and enjoy life. Since nothing is free, people need enough money to secure those rights and enough time to actually enjoy life. By ensuring fair wages and decent work, companies can help people afford what they need and still have time to live fully.

Encouraging Entrepreneurship: Supporting entrepreneurship was seen as key to local economic growth. "If one entrepreneur stands, one community stands." By fostering small businesses, we can create opportunities and inspire innovation.

Innovation as a Solution: Innovation is the key to solving global problems. "One innovation means one problem solved." By investing in technology and sustainable solutions, we can address issues like climate change and poverty more effectively.

Action: Releasing Wealth and Supporting Change

The summit called for immediate action. Wealthy corporations and individuals must release money to fund social justice, job creation, and entrepreneurial projects. Governments were encouraged to enforce wealth redistribution through progressive taxes or policies that ensure companies invest in their communities.

Additionally, tech companies were asked to focus on reducing the digital divide by making technology accessible to everyone. Supporting innovation and entrepreneurship through grants and infrastructure investments is also critical.

Implementation: Working Together for Real Change

To make these goals happen, collaboration is key. Governments must lead by introducing strong policies, businesses must step up with responsible actions, and civil society must monitor progress.

The wealth released by the richest must go towards initiatives that lift the poorest. By working together, we can strengthen communities, create jobs, and promote sustainable innovation.

Expected Results: A Fairer World

If these strategies are followed, the world will become more just and equal. Job creation, entrepreneurship, and innovation will lead to less poverty and a fairer distribution of income. As access to technology expands, more people will have the tools to succeed.

Communities will grow stronger, driven by entrepreneurs who create opportunities at the local level. The ultimate goal? A world where wealth is shared fairly, and where innovation helps solve real-world problems.

Our Hope:

The vision for a more equitable world is clear, but now it's on all of us—governments, businesses, and individuals—to act. We must ensure that wealth flows to where it’s needed most and support entrepreneurship and innovation to drive sustainable progress. The time for talking is over; it's time to step up and make the future fairer for everyone.