Search results

The situation looks grim as Oxfam awaits the release of a revised and likely second-to-last draft of a global climate change agreement, expected to be released on Wednesday afternoon. Our experts are concerned that negotiators might be settling for the lowest common denominator in several critical areas.

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

Today the European Parliament gave the green light to the European Markets Infrastructure Regulation (EMIR) designed to regulate shady ‘over the counter’ (OTC) derivatives. NGOs welcomed the introduction of clearing and reporting obligations for these financial products as a crucial step towards regulating vital agricultural commodity derivatives markets.

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.

Climate change alert: Oxfam report reveals spiralling costs of 3 degree compared to 2 degrees warming.

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.

Today, EU finance ministers agreed on the reform of the mandate of the Code of Conduct Group, the body within the Council of the EU that assesses harmful tax regimes and is responsible for the EU tax haven list. This reform updated the definition of harmful tax regimes in EU countries. No progress was made on updating the criteria for the EU tax haven list.