Search results

In response to the World Bank Group President Jim Yong Kim announcing cooperation between the World Bank, the Asian Infrastructure Investment Bank and the BRICS New Development Bank, Nicolas Mombrial of Oxfam International said::“More money for development and better cooperation is always good news so Jim Kim’s willingness to work closely with these banks is welcome. But fighting poverty and inequality, operating transparently, and respecting high environmental and social standards must be at the heart of what these banks do…

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. 

It is shameful to see European banks again involved in a major global money laundering scandal. 

The World Bank and IMF must step up their support for developing countries who are struggling with spiking food prices along with the fallout from Europe’s fiscal crisis, Oxfam said ahead of the annual meeting of the institutions in Tokyo this week.

A report on how to raise the billions of dollars needed by millions of poor people already affected by climate change must help jump start the delivery of climate financing.

As the latest round of UNFCCC talks on climate change draw to a close today, Oxfam warns that there has been a clear lowering of expectations ahead of the next UN climate summit in Cancun which will stall the progress needed unless negotiations step up several gears.

The $8.42 trillion promised by rich country governments to bailout banks would be enough to end global extreme poverty for 50 years and a massive step towards ending it forever.

Eight women from poor countries around the world, uniting as the “W8”, today demanded that G8 leaders take action to prevent the deaths of half a million women every year in childbirth.

Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020 as the Covid-19 pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report today.

Australia’s big four banks are backing companies accused of kicking people off their land, leaving them homeless and hungry, Oxfam Australia said today.