Given the immense financing needs to achieve development goals —nearly $4 trillion annually— Oxfam supports a robust and generous IDA replenishment. But reaching a record dollar amount only makes a bigger IDA, when what is most needed is a better IDA. A better, more impactful IDA must minimize the cost of finance, but more importantly catalyze investments that reduce inequality. After all, funds like IDA remain so crucial in part because we have collectively failed to address extreme inequality within and between countries.
 

In response to economist Gabriel Zucman’s report on taxing the ultra rich submitted to G20, Oxfam International’s Tax Policy Lead Susana Ruiz said: “All G20

Reaction to the latest Global Integrated Food Security Phase Classification (IPC) report published today, which warns that a high risk of famine persists acr

In the heartland of Kara in southern Mekoni district of Tigray, Ethiopia, Etsay Hafte’s story unfolds amidst the harsh realities of conflict and environmental degradation.

Inside her modest house, there is a sense of warmth and ease. The walls, made of sturdy mud bricks, give a refreshing shelter from the hot sun hammering down on the arid landscape. As soon as you go outside, you are confronted by a wall of heat that appears to engulf everything in its path. The air is dry; the sun is relentless, providing no relief from the terrible heat.

The corridors of Agazi Elementary School in Tigray are bustling with activity. On one side, children scurry down the corridors to their classrooms, and the air is filled with the hum of learning. On the other, makeshift tents and a scattering of belongings mark the presence of over 9000 people displaced by conflict in western Tigray, now seeking shelter at this school in the town of Adigrat

Water-related disasters forced people to flee from their homes nearly eight million separate times in 10 of the world’s worst-hit countrie

Responding to the G7 communiqué published today, Oxfam International’s Head of Inequality Policy Max Lawson, said: “Talking about taxing the super-rich for t

In response to the outcome of the June UN Climate Meetings (SB60) in Bonn, Germany, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: "Th

With funds equivalent to just 2.9 percent ($35.7 billion) of their combined annual military spending, Group of Seven (G7) countries could help end world hung

In response to the UN Security Council’s ceasefire resolution, Oxfam’s Regional Director for the Middle East, Sally Abi Khalil, said: “It