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With abnormally high food prices and slowing efforts to tackle global hunger, the Committee on World Food Security (CFS) must now energize governments to begin fixing the broken global food system, at its annual meeting in Rome from Oct 15 – 20.

More than 300 leading economists from 30 countries have today written to world leaders warning that there is no economic justification for allowing tax havens to continue, and urging them to bring an end to offshore financial secrecy. The letter comes ahead of the UK Government’s summit on offshore corruption in London on Thursday, which politicians from 40 countries as well as World Bank and IMF representatives are expected to attend.

In reaction to the GRFC 2023, Oxfam Global Food and Economic Security Lead, Emily Farr, said:  “For global hunger to rise for a fourth consecutive year in a world of plenty is a stain on our collective humanity. Decades of progress made to end poverty and hunger are being fast-reversed by conflict, economic shocks, and climate change.  

Oxfam praises the United States Government’s commitment to reduce emissions 26-28% below 2005 levels by 2025, a critical step forward in transitioning to a clean energy economy.

Oxfam welcomes the fast-track ratification of the Paris climate agreement by the EU. Now, EU governments have to show their practical commitment to protect people and the planet from global warming.

The 10% increase in foreign aid to $120 billion is welcome but still nowhere near enough to meet the needs of poor countries in the face of global economic meltdown.

Wealthy elites have co-opted political power to rig the rules of the economic game, undermining democracy and creating a world where the 85 richest people own the wealth of half of the world’s population, worldwide development organization Oxfam warns in a report published today. 

Sipho Mthathi has been appointed the founding Executive Director of Oxfam South Africa. Oxfam South Africa will become the first-ever Oxfam affiliate in Africa.

G20 Finance Ministers are expected to give the green light to a new round of negotiations on international tax reforms at a meeting in Fukuoka, Japan on 8 - 9 June 2019.

Governments must build back better low carbon economies post the pandemic to avoid fuelling the climate crisis, warned Oxfam today ahead of the Petersberg Climate Dialogue on 6-7 May. The virtual meeting will bring together government ministers from across the globe to discuss international climate action ahead of this year’s critical UN summit COP26 in autumn.