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“The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”

Today’s World Wealth Report from Capgemini shows that times have never been better for the world’s wealthiest - since 2009 more than 4.5 million new millionaires have been created, rising to a total of 15.4 million millionaires across the world last year. Yet while the wealthy prosper, 702 million people living in extreme poverty are being left behind.

Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.

By Mary Robinson The world is worried about upcoming UN climate change negotiations in Cancun.  Many experts doubt the UN has what it takes to address the greatest threat to humanity we have ever faced.  They see the talks as a lost cause, a forum unsuited to overcoming the global challenge of climate change.The doubters are right to worry. But they are wrong to think we cannot make faster progress.  Indeed, there is an urgent need to help those most affected by environmental changes. That is why I…

Ten years after the Millennium Development Goals (MDGs) agreed by world leaders became the greatest-ever commitment for a ‘more peaceful, prosperous and just future', progress is slow and m

Dangerous, poorly paid work for the many is supporting extreme wealth for the few. Women are in the worst work, and almost all the super-rich are men. Governments must create a more equal society by prioritizing ordinary workers and small-scale food producers instead of the rich and powerful.

In reaction to the GRFC 2023, Oxfam Global Food and Economic Security Lead, Emily Farr, said:  “For global hunger to rise for a fourth consecutive year in a world of plenty is a stain on our collective humanity. Decades of progress made to end poverty and hunger are being fast-reversed by conflict, economic shocks, and climate change.  

On this World Humanitarian Day, Oxfam and the Global Protection Cluster join the humanitarian community in celebrating frontline humanitarian leaders working to protect the lives and rights of people living through crises. 

Billionaire wealth has risen three times faster in 2024 than in 2023. At least five trillionaires are now expected within a decade. Meanwhile, the number of people living in poverty has barely changed since 1990. Inequality is out of control.

A new study for Oxfam reveals that developing countries are pledging to cut their emissions of greenhouse gases by more than developed countries. Oxfam estimates that over 60 per cent of emissions cuts by 2020 are likely to be made by developing countries.