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The global repercussions of the Ukraine crisis ―already being felt in fast-rising food, commodity and energy prices― could undermine official aid efforts to help people in other humanitarian hot-spots. 

Climate change will cripple the ASEAN goal of economic integration by 2015. The warning was issued today by ASEAN for a Fair, Ambitious and Binding Climate Deal (A-FAB), a regional coalition led by Greenpeace Southeast Asia and Oxfam, during a press conference at the UN climate change talks in Bangkok

The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion —at a rate of $15,000 per second or $1.3 billion a day— during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty. 

Oxfam is calling on the World Bank Group to put safeguards in place to ensure that its clients can prove they are paying their fair share of tax.

Over 150,000 people from around the world have joined 35 organizations in calling for world leaders to press the Israeli government to lift the blockade on Gaza as its reconstruction could take 17 years with just 5% of building materials allowed in one year on since the end of the last conflict.

Over 50 million people are in need of immediate food assistance in the Horn East and Central Africa, with numbers expected to rise significantly as the region braces for harsh, climate fuelled La Niña conditions, said Oxfam today. The warning comes as world leaders prepare to meet for a virtual Climate Ambition Summit.   

Governments must build back better, low carbon, economies in the wake of the coronavirus to avoid fuelling the climate crisis, warned Oxfam today ahead of the Petersberg Climate Dialogue on 27 – 28 April. The virtual meeting will bring together government ministers from across the globe to discuss international climate action. 

The IMF has released a discussion note, authorized for distribution by chief economist Olivier Blanchard, on the damaging effect of income inequality on economic growth and supporting redistributiv

Despite some advances, progress towards meeting aid and development effectiveness targets is flat-lining, according to a report published by the Global Partnership for Effective Development Cooperation. 

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week.