Press releases

Global dividend payments to shareholders grew on average 14 times faster than worker pay in 31 countries, which together account for 81 percent of global GDP, between 2020 and 2023, reveals Oxfam’s new analysis ahead of International Workers’ Day (May 1). 

Reacting to the GRFC 2024 report, Oxfam Global Food and Economic Security Lead, Emily Farr, said: “The global hunger crisis is fundamentally a moral crisis. It is unforgivable that over 281 million people are suffering acute hunger while the world’s richest continue to make extraordinary profits, including the same aerospace and defence corporations helping to fuel conflict, the main driver of hunger.  

Oxfam experts, together with cocoa farmers, will be at the World Cocoa Conference in Brussels (21-24 April), taking place against a backdrop of unprecedented production shortfalls and skyrocketing cocoa prices, which topped $11,000 per metric ton for the first time.

In response to the statement from G7 Foreign Ministers today, Oxfam Italy’s Humanitarian Policy Advisor, Paolo Pezzati, said: “The G7’s calls for Israel to halt its planned offensive in Rafah, a permanent and sustainable ceasefire in Gaza, urgent access of lifesaving aid and the release of all hostages is welcomed, but it must not be more words without actions."

Reacting to the outcome of the International Humanitarian Conference for Sudan and its neighbours, held in Paris today, at which countries pledged a total of $2 billion – Oxfam in Africa Director Fati N’Zi Hassane said: “It is morally incomprehensible that Central African Republic, Chad, Ethiopia, and South Sudan – among the world's most fragile states –bear the brunt of Sudan’s conflict while the richest nations slack.   

Income inequality is high or increasing in 60 percent (64 out of 106) of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank, reveals new Oxfam analysis ahead of the 2024 Spring Meetings in Washington D.C. Countries with high levels of income inequality have Gini coefficients above 0.4, the warning level set by the United Nations.

EU governments are losing out on a staggering 286.5 billion euros in revenue annually, equivalent to 33 million euros per hour, due to their failure to fairly tax Europe’s wealthiest. This amount, equivalent to Finland’s GDP, represents what a European wealth tax of up to 5 percent could raise every year, according to Oxfam’s analysis. 

“Keeping already insufficient aid at stagnating levels costs lives and is a moral failure. Again, rich countries have betrayed their promise to the world’s poorest people —a promise to end hunger, invest in life-saving public health systems, and expand education opportunities so nobody is left behind."

In response to the decision by the European Court of Human Rights (ECHR) in the Grand Chamber’s first-ever climate-related cases (Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, Duarte Agostinho and Others v. Portugal and Others, and Carême v. France), Evelien van Roemburg, Head of Oxfam’s European Union office said: “European judges have ruled that a government’s failure to do enough to reduce national greenhouse gas emissions violates its population’s human rights. This is a positive step and allows people to require their governments to put in place effective climate regulations and carbon budgets. But the judges did not challenge Switzerland’s decision to give itself almost three more decades to reach net zero emissions, even though people around the world are being harmed now by the climate crisis.”   
 

Responding to the announcement by the Israeli government that Erez Crossing and Ashdod Port will now allow humanitarian aid into Gaza, Sally Abi Khalil, Oxfam Middle East and North Africa Director said: "Israel’s announced opening of the Erez crossing and use of Ashdod port for humanitarian aid are welcome but long overdue and insufficient steps to meet the immense needs of Palestinians in Gaza, who have been under siege and bombardment for six months."