Furthermore, the UN chief stated that the world is facing widening inequality, with wealth increasingly concentrated among a small number of people while millions continue to struggle to meet basic needs.

“We live in a world where inequality is becoming entrenched.

“Where wealth accrues disproportionally for a lucky few, while many struggle to afford basic needs like food, water, shelter and education.

“And where years of poverty-fighting progress have been stalled by conflict, economic shocks and climate disasters,” he said.

He urged collective action to build “fair economies and inclusive societies” by investing in decent work, universal health coverage, quality education and social protection systems.

Guterres called for increased financing for developing countries, reforms to the international financial architecture and debt relief to support sustainable development.

UN Secretary-General also advocated for economies driven by renewable energy, saying such an approach would benefit both people and the planet.

While reflecting on Mandela’s enduring influence, Guterres said: “I have always been inspired by Madiba’s life and belief that when people stand together, nothing is impossible.

“The future is in our hands. Today and every day, let’s carry forward Mandela’s vision of a just, inclusive, equal and peaceful world.”