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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.

Millions of poor people will go without life-saving food and medicines as donor aid pledges to poor countries are breached.

Rising food costs, climate change and dramatic changes in land tenure are increasing the reality of hunger and leaving food-insecure people feeling they “are rated as the cheapest of the cheapest”.

‘Big Chocolate’ is booking huge profits while failing to pay prices that support a living income for cocoa farmers in Ghana, reveals new analysis by Oxfam today ahead of World Fair Trade Day (13 May). 

A staggering new poll has revealed that support for higher taxes on wealth is popular with dollar millionaires from across G20 countries. It comes as 260 millionaires and billionaires have signed a new letter demanding world leaders increase their taxes, to coincide with the World Economic Forum in Davos, Switzerland. The polling is part of the “Proud to Pay More” report, published alongside the letter, which profiles some of the world’s wealthiest people on why they support higher taxes on themselves.

Despite promises, nearly three-quarters of African governments reduced their agricultural budgets while paying almost double that on arms.

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues. 

In advance of the UNSC Briefing on the crisis in Tigray, Oxfam in Ethiopia’s Country Director Gezahegn Kebede Gebrehana, said: “Days after the unilateral ceasefire was announced and as communities and global leaders grapple with the new context, millions of people across Tigray and surrounding areas remain in crisis. Even with the ceasefire, many vulnerable people are left without protection and resources, and need is only expected to grow."

In response to the outcome of COP28, Oxfam International’s Climate Change Policy Lead Nafkote Dabi said: “Everyone fighting against the global climate crisis has little to celebrate from this disappointing COP28. Its final outcome is grossly inadequate. Oil, coal and gas won again, but they had to struggle harder to do so and their era is nearing its end."   

The EU has a proud history of commitment to international law and human rights which has driven its policies for 60 years. This joint agency paper argues that now is the time for Europe to show global leadership on migration by adopting policies that uphold these values, rather than triggering a race to the bottom.