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In response to the selection today of Ajay Banga as President of the World Bank for a five-year term beginning 2 June, Katie Malouf-Bous, interim Head of Oxfam International’s Washington DC Office, said: "The true test of Ajay Banga starts now: to reorient the World Bank to tackle the extreme inequality that robs billions of people of economic security and dignity. We need huge new investments in development but we need them to be publicly-led and purposed to lift people out of poverty —and we need guardrails around private finance that has run riot for too long."

Agro-ecology applies ecological concepts and principles to the design and management of sustainable agriculture.

About Financial Transaction Tax (FTT) and innovative financing for development  

On the shape of the new 2015 climate agreement being negotiated this week, Tracy Carty, Oxfam Climate Change Policy Adviser, said:

Oxfam welcomes today’s announcement by the World Bank Group on a new Carbon Pricing Leadership Coalition before the UN Climate Summit in New York. The Summit is meant to build political momentum towards a post-2020 climate agreement in Paris in 2015, with governments on the hook to make meaningful commitments to reduce their emissions and to deliver climate finance to the poorest, most vulnerable countries. Placing a…

The strategy to end extreme poverty and support inclusive growth is an important milestone for the World Bank and Oxfam welcomes Jim Kim’s vision and commitment.

Just hours before the UN climate talks taking place in Durban (South Africa) wrap up, Oxfam Global Ambassador and photographer Helena Christensen urges ministers to agree a deal which delivers for the world’s poorest people who are already suffering from the impact of climate change.

The UN’s Committee on World Food Security today showed that it is up to its role as the central body of the global governance on food security, agriculture and nutrition. However a number of governments showed that they are not yet ready to address the structural causes of the broken food system.

In a major new report, Oxfam calls for aid to be increased, better targeted, made more predictable and governed more accountably.

The World Bank’s new assessment on the scale of finance needed to help developing countries adapt to the unavoidable impacts of climate change – $75-100bn per year on average from 2010-2050 – is a vital and timely contribution to the current climate negotiations under way in Bangkok.