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Since it was launched in 2003, Brazil’s Fome Zero (Zero Hunger) strategy has allowed 28 million people to break free from

Multilateral efforts are failing to adequately respond to critical global challenges, including the climate crisis and persistent poverty and inequality. While some have blamed the deadlock solely on rising geopolitical tensions between powerful countries, such a focus is incomplete. Rather, a key reason for failures of international cooperation is extreme economic inequality. Today, the world’s richest 1% own more wealth than 95% of humanity.

The report, "Who Profits from the Global Gateway? The EU's new strategy for development cooperation" attempts to answer the question: is the Global Gateway prioritising the EU's foreign policy goals and its own economic interests over positive development outcomes in its partner countries? This report builds on previous research and provides a timely and comprehensive analysis of the Global Gateway, including its financing, governance and latest projects.

Oxfam welcomes the work of the Global Sovereign Debt Roundtable (GSDR) to build consensus on a set of rules to expedite debt restructuring exercises. This note lays out Oxfam’s views on the GSDR’s agenda, in response to the latest GSDR’s progress report of October 2023. 

The FAO announced today that world food prices have reached a new historic peak - surpassing levels seen during the global food price crisis of 2007 - 08 when the number of hungry people in

Inequality is spiralling out of control, but consensus on how to address it is gathering pace. Following on from the success of last year’s symposium about Africa’s extractives industry and illicit financial flows, Oxfam and the University of Oxford are coming together again to examine the causes and consequences of uneven economic growth and rising inequality in the global South, while assessing policy solutions and charting a way forward for equity, democracy and social stability.

The slight decrease in development aid spending in 2017 is bad news for the fight to end poverty and reduce inequalities, said Oxfam today in response to the publication of new aid figures by the Organisation for Economic Cooperation and Development (OECD).

With funds equivalent to just 2.9 percent ($35.7 billion) of their combined annual military spending, Group of Seven (G7) countries could help end world hunger and solve the debt crisis in the Global South, reveals new Oxfam analysis ahead of the G7 Summit in Borgo Egnazia, Italy.

Reacting to the GRFC 2024 report, Oxfam Global Food and Economic Security Lead, Emily Farr, said: “The global hunger crisis is fundamentally a moral crisis. It is unforgivable that over 281 million people are suffering acute hunger while the world’s richest continue to make extraordinary profits, including the same aerospace and defence corporations helping to fuel conflict, the main driver of hunger.  

In reaction to today’s UN 2023 Global Humanitarian Outlook report, revealing that 339 million people are in urgent need of humanitarian aid - the highest caseload in history -  Oxfam’s Global Humanitarian Director Marta Valdes Garcia said: “One in every 23 people around the world –the equivalent of nearly half of the entire population of Europe– is now in urgent need of humanitarian aid. This news must be an immediate wake-up call.