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Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam today.

"We can't settle for what the World Bank has committed to so far ―now is the time to build momentum and raise ambition of all members, proving the bank's value as a leader on such urgent global issues," said Nadia Daar, Oxfam International's Head of Washington DC Office, in reaction to new World Bank president David Malpass’ press conference.

Indigenous Peoples and local communities protect half the world's land, but formally own just 10 percent, according to a report released today by a global alliance of NGOs.The report, “Common Ground: Securing Land Rights and Safeguarding the Earth,” is published by the International Land Coalition (ILC), Oxfam, and the Rights and Resources Initiative (RRI). Together with more than 300 organizations and communities from around the world, they have launched the Land Rights Now campaign, calling for the amount of land these communities…

Almost half of the world’s wealth is now owned by just one percent of the population, and seven out of ten people live in countries where economic inequality has increased in the last 30 years.

New Oxfam-commissioned research, carried out by Climate Analytics, uses modelling to assess the impact of aggregate Intended Nationally Determined Contributions (INDCs) ambition. The technical specifications and calibration of the models used are explained in this paper. 

As the era of the Millennium Development Goals (MDGs) comes to an end, the world has a historic opportunity to set ambitious goals to end poverty and protect the planet. This paper puts forwards Oxfam’s proposals for what new goals and targets should be included and how they can be designed to bring about lasting change.

Institutional investors should implement and publicly report on a responsible investment policy that addresses poverty and development issues according to a new report by Oxfam launched today.

As Vietnam graduates from IDA, the World Bank’s concessional finance window, there will be a major change in the types of development finance the country can access. Oxfam is concerned about what this changing financial landscape might mean for Vietnam’s fight against poverty, inequality, and gender inequality.

Income inequality is high or increasing in 60 percent (64 out of 106) of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank, reveals new Oxfam analysis ahead of the 2024 Spring Meetings in Washington D.C. Countries with high levels of income inequality have Gini coefficients above 0.4, the warning level set by the United Nations.

The G20, the preeminent global economic decision making body, has thrown its political weight behind the commitment to shared growth and narrowing the development gap through its Seoul Deve