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More doses of Covid-19 vaccines have been delivered to the EU, the UK and the United States in the six-week run up to Christmas than African countries have received all year, new analysis from the People’s Vaccine Alliance reveals today.

Oxfam believes that reducing inequality is fundamental to fair and sustainable development.

Young women and men today must grapple with serious social, political and environmental problems inherited from their elders. By marshaling the energy, creativity and talents of youth to address the multiple inequalities they face, we will all reap a ‘demographic dividend’ and build a fairer world.

European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said:

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

Responding to the publication of the IPCC’s Working Group II report assessing climate change impacts, adaptation and vulnerability, Oxfam’s Climate Policy Lead Nafkote Dabi said: "This catalogue of pain, loss and suffering must be a wake-up call to everyone. The poorest who have done the least to contribute to climate change are suffering the most and we have a moral responsibility to help those communities adapt."

Oxfam welcomes the action plan put forward today by the European Commission for the EU to catch up on its commitments towards the Millennium Development Goals. Member states must give their go-ahead at the EU summit in June.

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

At the close of the World Bank and International Monetary Fund’s Spring Meetings in Washington, Chris Stalker, Acting Head of Oxfam International’s Washington office, commented on the week's developments.

After months of deadlock, EU countries reached an agreement on a low-rate minimum tax for multinational profits at the EU level. This follows a deal struck at the international level to implement a global minimum tax.