Search results

Across Africa, ambitions to achieve inclusive and sustainable development are being undermined by inadequate investment in the care economy. Women and girls are providing millions of hours of unpaid care and domestic work – a provision which props up the economy and underpins society, yet remains under-recognized, undervalued and under-invested in. 

Despite being largely responsible for the worsening climate crisis in East Africa, rich nations paid Ethiopia, Kenya, Somalia, and South Sudan just $2.4 billion in climate-related development finance in 2021, in stark contrast to the $53.3 billion East Africa says it needs annually to meet its 2030 climate goals.  

EU governments are unwilling to tackle large-scale tax avoidance of multinational companies, Oxfam says in reaction to a new directive formally approved today.

The criteria adopted by EU Finance Ministers for screening countries over tax abuse will be of little to no use in ending the era of tax havens. 

Today, EU member states have proposed a spending increase of 10 percent in 2019 for the EU’s external policies compared to this year’s budget. However, governments are focusing on the wrong issues, Oxfam, Save the Children, DSW and IPPF EN say. The organizations argue a strong focus on human development is needed to counter increasing inequalities and make sure no one is left behind.

With the adoption of the TAXE report, the European Parliament voted in favor of specific recommendations aimed at stopping corporate tax avoidance across the European Union.

EU governments are on the brink of agreeing a tax haven blacklist that could ensure corporate tax havens face international sanctions for the first time. This is a welcome move if the list includes objective and comprehensive criteria instead of focussing solely on opacity of tax systems, said Oxfam today.

The Netherlands is a top EU tax haven, an Oxfam analysis of European Commission data shows.

Tens of thousands of people across Zimbabwe, Malawi and Mozambique are still suffering 12 months after Cyclone Idai battered Southern Africa, warned Oxfam today. Cyclone Idai, one of the worst cyclones to hit Africa, made landfall on 14th March 2019.

Despite EU intentions to crack down on tax avoidance, the European Commission’s Anti-Tax Avoidance Package does not do what it says on the tin, warns Oxfam, and developing countries will feel the EU’s failure most.