Press releases

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.  

The OECD’s Tax Package, released in Paris today, will not stop corporate tax dodgers cheating poor countries out of billions of dollars of tax revenues

The World Bank is forecasting that, for the first time ever, the number of people living in extreme poverty will fall under 10% of the world's population, to around 702 million people.

The India climate action plan for Paris announced today contains the headline pledge to cut the carbon intensity of its economy by 33-35% by 2030. 

It is shameful that members of the Human Rights Council prioritized perceived geo-strategic interests above the need for accountability and failed today to establish an international independent mechanism to investigate breaches of these laws.

Oxfam is encouraged by World Bank President Dr. Jim Yong Kim’s rejection of trickle-down economics and his clear stance on the enormous challenge inequality poses across the world.