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This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.

Using land alone to remove the world’s carbon emissions to achieve ‘net zero’ by 2050 would require at least 1.6 billion hectares of new forests, equivalent to five times the size of India or more than all the farmland on the planet, reveals a new Oxfam report today.

The fact that the IMF is proposing that adaptation efforts are funded by grants rather than loans is positive. But this will only work if developed countries ensure the money is there to resource this vital assistance to vulnerable countries.

Ahead of the Annual Meetings, international agency Oxfam urged the World Bank to sharpen and swiftly move forward on the new strategy to end poverty by 2030 and boost shared prosperity.

Countries across the world must play their fair part in cutting emissions if we are to reduce the harmful impacts of climate change on global food supply, worldwide development organization Oxfam warns today.

With one person estimated to be dying of hunger every four seconds, 238 local and international non-governmental organizations are calling on leaders gathering at the 77th UN General Assembly to take decisive action to end the spiralling global hunger crisis.   

The UN Committee on World Food Security (CFS) has delivered solid guidance and important recommendations that governments must now follow through with action.

Oxfam’s Sarah Wynn-Williams said: “This farcical appointment process has damaged the IMF’s credibility.

In the last year extreme weather events shocked global markets contributing to soaring wheat prices and imperiling food security in many parts of the world, according to research compiled by Oxfam at the start of the Durban climate talks.

We ranked the Summit against five key criteria and found that not one was fully achieved, as delegates left Rome without tackling many of the biggest challenges of food security and agriculture.