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The World Bank and IMF must step up their support for developing countries who are struggling with spiking food prices along with the fallout from Europe’s fiscal crisis, Oxfam said ahead of the annual meeting of the institutions in Tokyo this week.

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.

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

Oxfam spokesperson Mark Fried said:  

Oxfam welcomed today’s vote by European Parliamentarians in support of a strong European Financial Transaction Tax (FTT) covering all instruments (shares, bonds and derivatives), as put forward by

About innovative financing for development and climate change EU Finance Ministers today agreed their common position for the upcoming G20 Finance Ministers meeting on 14-15 October in Pa

On the eve of the G8 Summit, international agency Oxfam called on world leaders heading to Camp David to make predictable, measureable funding and policy commitments that will help 50 million people lift themselves out of poverty through sustainable, small-scale agriculture by 2015.

Aid from rich nations is likely to fall by at least $9.5 billion by the end of 2012 – the biggest drop in aid for 15 years, according to new calculations by international agency Oxfam ahead of this week’s G20 Summit (Nov 3-4).

An Oxfam analysis of policies and public investments in six countries shows that women farmers are not getting the resources they need to feed their families and communities and adapt to climate change.

The 150 countries that have now publicly committed to carbon reduction pledges show that December’s UN climate summit in Paris could, at last, be built on international cooperation rather than competition.