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Oxfam, together with civil society organizations, welcomes the World Bank’s International Finance Corporation (IFC) announcement that it will not resume its investments in K-12 private schools, following the release of an independent evaluation by the World Bank Independent Evaluation Group (IEG) on the IFC’s investments in this area.  

On the newly published UN Synthesis Report on the post-2015 framework, which sets the global development agenda for the next 15 years: Oxfam is disappointed that the UN has not made far stronger proposals to address extreme economic inequality and climate change in its new report.

Reacting to the outcome of the Busan aid negotiations, Oxfam said donors had put off important decisions about how to improve aid.

As poor countries face the full impact of the economic crisis, European governments are falling short by nearly €40bn (USD$55m) on their aid promises and will not meet their 2010 aid target until 2012, a new report from CONCORD reveals.

The worst flooding the Philippines has seen in decades highlights the urgent need for US leadership to push UN climate change negotiations in Bangkok forward to help ensure the best chance of securing a global climate treaty in Copenhagen.

The G20 should take urgent action to protect poor countries from economic crisis that is forcing 100 people-a-minute into poverty, Oxfam said today. Developing countries across the globe are struggling to respond to the global recession.

If Europe were to rule out its support of biofuels by 2020, the region could lower its net imports of grain and oilseeds by up to 27 million tons, remarkably reducing its dependence on foreign goods. Global food prices could also drop significantly.

The IPCC Working Group II report released today

Oxfam analyzes the commitments being brought by government and corporate sector leaders to the Climate Summit and reveals that they fall short of what is urgently needed.

Reacting to the announcement that World Bank President Robert Zoellick will step down at the end of his term on June 30th, a global coalition of campaigners has called for an open and merit-based process to elect the next World Bank leader, and for developing countries to determine the selection.