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Public aid money should not be used to fund corporate-backed private school chains that fuel inequality. Other donor agencies and governments now need to follow suit, said Oxfam today in response to the US House Financial Services Committee’s (HFSC) announcement that the World Bank and its private sector arm have approved a package of reforms.

In response to IMF Chief Economist Gita Gopinath’s statement that the coronavirus pandemic will trigger the worst economic fallout since the Great Depression, Nadia Daar, Oxfam International’s Head of Washington DC Office said: "The IMF’s assessment is chilling. The human suffering behind those numbers is almost unimaginable. Oxfam’s research shows that coronavirus could push half a billion more people into poverty".

This briefing describes new research that shows how extreme carbon inequality in recent decades has brought the world to the climate brink. It sets out how governments must use this historic juncture to build fairer economies within the limits our planet can bear. 

Oxfam congratulates António Guterres on his appointment to what is arguably one of most challenging jobs on the planet. Mr. Guterres brings a wealth of experience and leadership to the role to guide the UN in the years to come.  

New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID vaccines – Pfizer, BioNTech and Moderna – are making combined profits of $65,000 every minute. The figures based on the latest company reports are released as CEOs from pharmaceutical industry meet for the annual STAT summit —the equivalent of a ‘Big Pharma Davos’— from 16-18 November.

The coronavirus pandemic will have devastating health, social and economic impacts in the world’s poorest countries. To measure up to this once-in-a-century crisis, save lives and build a better future, donors must urgently and massively increase international aid funds.

Oxfam cautioned that the maternal and child health effort announced on Friday seems yet another empty G8 promise, given that the overall aid pie is shrinking.

In an increasingly unequal world, advancing gender equality is fundamental to tackling inequality and poverty. Feminist aid has the potential to challenge us to rethink how aid is delivered and to truly transform systems of unequal power.

With all eyes on Africa for the world’s biggest football tournament this month, international development agency Oxfam this week launches Don’t Drop the Ball on Aid, a global game of 'keepy uppy' that will link fans worldwide in an amazing video chain.

Ahead of the G20 Summit in Rome, Italy, Oxfam calls on G20 leaders to take urgent action to dramatically scale up manufacturing and access to COVID-19 vaccines around the world, promote a fair economic recovery, fight hunger, lower dangerous greenhouse gas emissions, and help the poorest countries adapt to the climate change already happening.