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Today, the European Commission released their Fit for 55 legislative package. This bundle aims to revise the EU’s current 2030 climate and energy rules. The package will implement the goal of reducing average EU carbon emissions by 55% in 2030. In response to the package, Evelien van Roemburg, Oxfam EU Head of Office said: “We are at a tipping point in the fight against the climate crisis. The EU has the opportunity to keep us from tipping over the edge by capping the rampant increase in global temperatures to 1.5° Celsius."

This briefing explores some of the solutions for fighting corporate tax avoidance that the European Union should present in 2015, and explains why it is important to adopt them as soon as possible.

EU Environment Ministers met today to discuss Europe's plan of action on climate change. Oxfam is calling for a 40 percent cut in emissions by 2020.

At the meeting of the European Council in Tallinn today France, Germany, Italy and Spain called for an agreement on new measures to tax tech giants, like Google and Amazon. Currently, disparate tax laws allow large companies to pay disproportionately low effective tax rates in the EU.

In reaction to Pfizer’s announcement of voluntary licenses of its COVID-19 oral antiviral treatment Paxlovid to the Medicines Patent Pool, People’s Vaccine Alliance spokesperson and Oxfam America’s Senior Advocacy Advisor, Robbie Silverman, said: “Pfizer’s announcement to voluntarily licence the COVID treatment Paxlovid is welcome but is far from enough."     

It is a good sign that the European Commission pursues its efforts to put an end to damaging tax deals despite the criticism it faced following the Apple ruling, Oxfam says in reaction to a new state aid investigation into French energy company Engie.

European Commission President Jose Manuel Barroso today threw his full support behind an EU Financial Transaction Tax (FTT) arguing that banks must make a '”contribution” back to society af

Oxfam welcomes the new European Commission proposals for advancing climate talks. However, while the EC has highlighted emissions reduction loopholes in the Copenhagen Accord, it has ignored major loopholes on climate finance.

Refugees living in camps are sharing one tap between up to 250 people and many have less than3.5 square meters of living space per person which will make it extremely difficult to contain the coronavirus outbreak, Oxfam said today.

Vaccinating the poorest half of humanity —3.7 billion people— against coronavirus could cost less than what the ten biggest pharmaceutical companies make in four months, Oxfam said today.