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Oxfam’s latest report on resilience calls on governments and aid agencies to tackle the politics and power at the heart of the increasing effects of climate change, rising inequality and pe

Fighting inequality is not just an issue of fairness but an economic necessity. That’s not Oxfam speaking, but the International Monetary Fund today. 

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

Oxfam leaders, experts, and partners will be in New York for the UN General Assembly with a focus on the SDGs, inequality, climate, access to healthcare, humanitarian issues, and more. Oxfam is a global organization that fights inequality to end poverty and injustice and will bring this focus on inequality (Goal 10) and how it intersects with the entire 2030 agenda.

A new Oxfam report today says that as many as 11 people are likely dying of hunger and malnutrition each minute. This is more than the current global death rate of COVID-19, which is around seven people per minute. The report, ‘says that conflict remains the primary cause of hunger since the pandemic, pushing over half a million people into famine-like conditions ―a six-fold increase since 2020.

This current draft of the 2019 World Development Report has interesting ideas, but also contains some dangerous proposals and assumptions which Oxfam believes might compromise the World Bank’s mission of eradicating poverty and achieving shared prosperity.

Luc Lamprière, spokesperson for Oxfam said:

"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.

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.

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.