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The international community must plug a $2 billion funding gap for countries hit by El Nino-related drought and storms. These have left a staggering 60 million people around the world facing crop failures and worsening hunger.

The World Bank and the International Monetary Fund cannot allow political and economic shocks to hijack their ambitions to combat climate change and curb inequality, warned Oxfam.

The European Commission published today a paper on how to raise the $100 billion per year pledged by rich countries at last year’s UN climate talks in Cancun to help poor countries protect

Nadia Daar, Head of Oxfam International's Washington DC office, responds to the World Bank’s announcement today that it has appointed Mr. Makhtar Diop as the new CEO of its private sector arm, the International Finance Corporation (IFC).

In 2011, following decades of isolation, Myanmar embarked on an unprecedented reform process, raising hopes for a new democracy.

In reaction to the announcement that climate change legislation is delayed by the United States Senate, perhaps indefinitely, David Waskow of Oxfam, made the following statement:

In response to President Obama’s climate plan announcement scheduled for this afternoon Gawain Kripke, research and policy director for Oxfam America said: 

More money for Development is always welcome especially as there are strong needs for investment in infrastructure. The new Asian Infrastructure Investment Bank must put fighting poverty and inequality at the heart of its mission.

Paris has been a landmark agreement, but it won’t be the last. The political world is waking up to what a transition away from fossil fuels looks like. But it has only started to understand the scale of the challenge to adapt to the impact of climate change on our food system, our humanitarian system, our economies and ultimately the livelihoods of hundreds of millions around the world. For the world’s poorest and most vulnerable, the struggle for climate justice continues. 

With the World Bank and International Monetary Fund Annual Meetings wrapping up, Nadia Daar, the head of Oxfam International’s Washington office commented on the week’s events, including developments on inequality, climate change, and tax policy.