Social mobility and equal opportunity are key to thriving societies and economies. In the aftermath of the pandemic and in the context of increasing prices, calls for policymakers to address social and economic inequalities are intensifying. The recently launched Observatory on Social Mobility and Equal Opportunity not only brings together all OECD data points, but also displays the impact of different policies as well as the role of civil society and the private sector. This includes issues like differences in the distribution of poverty and wealth as well as as education, labour market policies and strategic regional investments. Following a presentation on the Observatory, the panel will analyze specific challenges in Germany and discuss policy measures to promote social mobility and create equal opportunities.