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We are in a climate emergency. It is wreaking havoc across the globe and it's the poorest communities and women who are paying the heaviest price. Oxfam campaigns for climate action, responds to climate related emergencies and works with local communities to build resilience in the face of climate change.

The World Bank’s International Finance Corporation (IFC) has quietly divested from New Globe Schools, better known as Bridge International Academies (BIA), a for-profit school chain operating in four African countries and India. The IFC has invested $13.5 million in BIA since 2014, with the intention of supporting the company’s expansion to other countries.

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today. 

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.

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.

As the G8 Summit comes to a close, international agency Oxfam criticized the leaders for their failure to deliver on their promises and for trying to divert attention by cobbling together a small initiative for maternal and child health.

In this briefing Oxfam presents new data analysis that demonstrates the extent of global carbon inequality by estimating and comparing the lifestyle consumption emissions of rich and poor citizens in different countries. 

Millions of poor and vulnerable people face hunger and poverty this year and next because of record global temperatures, droughts and erratic rains in 2014 and 2015, compounded by the development of possibly the most powerful El Niño on record.

Multiple reports this morning indicate that the Obama administration plans to announce a $3 billion pledge to the Green Climate Fund at the G20 in Australia this weekend. These reports are consistent with the information Oxfam has received over the last few days.Leaders of the Green Climate Fund have been aiming for a $10-15 billion initial “capitalization” before the Lima talks begin in December. If the fund reaches $10 billion, a $3 billion…

Oxfam will support the Voice2Paris global storytelling contest launched in August by the United National Development Programme (UNDP) by providing three additional fellowships for participating journalists to cover the UN Conference on Climate Change, COP21, in Paris in December.