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Civil society organizations call for African leaders to move quickly to implement recommendations in UNECA report on Illicit Financial Flows.

Did you know that since the start of the COVID-19 pandemic, billionaires have made unimaginable, record-breaking fortunes? Every year, the gap between rich and poor gets even wider – standing in the way of ending global poverty. It is time to bring an end to inequality and overcome poverty for good.

The Rio+20 Summit will fail if it agrees to current proposals, which risk worsening the divide between environment and development efforts, warned anti-poverty and environmental campaigners today.

This second edition of the Commitment to Reducing Inequality (CRI) Index is based on a new database of indicators, now covering 157 countries, which measures government action on social spending, tax and labour rights – three areas found to be critical to reducing the inequality gap.

Responding to David Cameron’s call for a global crackdown on corruption by G7 leaders meeting in Germany for their annual summit this weekend, Jorn Kalinksi, Oxfam G7 spokesperson said:“David Cameron’s is right to put a spotlight on corruption which is a problem for all countries across the globe.  Corruption wastes valuable resources that could be used to tackle poverty. It exacerbates inequality as the richest write the rules of the game in their favour and leave the rest behind.    "In 2010 alone, G7-based companies cheated Africa out of an estimated $US6…

Responding to the World Economic Forum's Outlook on the Global Agenda, which places "Deepening Income Inequality" at the top of its list of concerns for world leaders in 2015, Kevin Roussel, Head of Oxfam International's Inequality Campaign said:   "These findings are the latest wake-up call for world leaders to get to grips with the explosion in extreme inequality, which has resulted in 85 people owning as much as the poorest 3.5 billion people on the planet."The growing body of evidence that inequality is a threat…

Climate change could put back the fight against hunger by decades but our global food system is woefully unprepared to cope with the challenge.

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years.

“Today’s so-called ‘hammer blow’ against tax cheats misses. If the proposed registry of beneficial owners of companies and trusts is hidden from the public, how can we know who is hiding their profits and fortunes and trying to avoid paying their fair share?" said Susana Ruiz, Oxfam's tax policy expert.

Climate change is fast pushing communities, particularly the poorest and most marginalized, beyond their capacity to respond.