Press releases

The Credit Suisse report today shows that the number of millionaires is rising despite slowed economic Inequality is growing faster than we had thought – Oxfam predicted the richest one percent would own more than the rest of us by 2016. The fact that it has happened this year underlines the urgency of the problem.

A landmark United Nations resolution that 15 years ago promised to bolster the rights of women in peace efforts has brought some welcome progress – but far too little to be judged a success overall.

At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.

Oxfam welcomed reports of increased climate finance pledges made by finance ministers in Lima today, but warned that only a fraction is meant to help countries most vulnerable adapt to the devastating effects of climate change.

G20 finance ministers in Lima today endorsed international tax reforms for tackling tax dodging launched by the Organization for Economic Cooperation and Development (OECD). While the measures are a tax milestone, they poorly represent the critical needs of developing countries, Oxfam warned today.

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.

There has been an increase in international climate finance in the fight against climate change, according to a new OECD report, which Oxfam is encouraged by. 

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today. 

The international community is proving utterly inadequate in helping Syrians both inside and outside their country. Oxfam’s damning verdict is in a new report today Solidarity with Syrians that analyses the “fair shares” of rich and powerful countries to provide money, resettlement places for refugees and leadership to end the bloodshed.