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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.

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.

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.

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.

Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.

G20 Leaders meeting in Brisbane, Australia this weekend (15 and 16 November) are being urged to tackle rising inequality head-on or risk leaving millions of people trapped in poverty, as new figures reveal the wealth disparity in a number of G20 countries.

Rich countries have again effectively short-changed low- and middle-income countries as part of international climate change negotiations by as much as $88 billion in 2022, the latest year of newly reported figures, says Oxfam.

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.

Today EU Environment Ministers agreed the official EU emissions reductions pledge for the United Nations climate talks in Paris at the end of the year, backing an "at least 40%" emissions reduction target and failing to provide clarity on whether loopholes could water down the offer.