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The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year unless the current trend of rising inequality is checked, Oxfam warned today ahead of the annual World Economic Forum meeting in Davos.

Agriculture is highly sensitive to climate variability and weather extremes.

The gap between the rich and the rest is extreme and growing. G20 nations are not immune.

Women across the globe are facing new threats which risk dismantling decades of hard-won rights and derailing the effort to end extreme poverty, Oxfam warns today. 

The carbon footprints of the richest 1 per cent of people on Earth is set to be 30 times greater than the level compatible with the 1.5°C goal of the Paris Agreement in 2030, according to new research out today. It comes as delegates grapple with how to keep this goal alive at the COP26 meeting in Glasgow.

G20 leaders met for the second time in London on 2 April, as the global economic crisis began to crash across the borders of poor countries with ever-greater severity.

Responding to the Intergovernmental Panel on Climate Change’s Working Group I contribution to the Sixth Assessment Report, Oxfam Climate Policy Lead Nafkote Dabi said: “Amid a world in parts burning, in parts drowning and in parts starving, the IPCC today tables the most compelling wake-up call yet for global industry to switch from oil, gas and coal to renewables."

Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before. An average of nearly four new billionaires were minted every week. Meanwhile, the number of people living in poverty has barely changed since 1990, according to World Bank data. 

On 4 December 2014, Winnie Byanyima was announced as co-chair of the World Economic Forum’s 2015 Annual Meeting in Davos-Klosters, Switzerland. Here is her response:"There is overwhelming consensus that things must change. The World Economic Forum has listed growing income inequality as a major global risk for several years running. Business leaders, faith leaders, and leaders of governments agree: extreme and growing inequality must be addressed urgently.…

The first anniversary of the European External Action Service (EEAS) finds the European Union (EU) in the midst of a financial and identity crisis that has precipitated Europe’s ongoing dec