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Responding to the IMF Board of Governors’ approval of a Special Drawing Rights (SDR) allocation of $650 billion, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “New SDRs will bring much-needed liquidity to struggling developing countries without adding to their unsustainable debt burdens. Now that this historic SDR issuance has been approved, governments must work transparently and together with civil society to ensure these resources are used to rescue collapsing health services and bolster social protection, and to deliver a fair and climate just recovery.  

G20  countries to support a “new global deal to tax the world’s ultra-rich individuals” in an open letter published today. Ensuring the ultra-rich pay their fair share “would reduce inequality and raise trillions of dollars necessary for investments in industrial policy and a just transition.”

Despite the public outcry one year ago over the death of three-year-old Alan Kurdi in the Mediterranean, the number of deaths on refugee and migrant routes around the world has risen by more than a thousand - with one person dying every 80 minutes.

In response to US Secretary of State Pompeo’s decision to designate the Houthis as a Foreign Terrorist Organization and Specially Designated Global Terrorist, Oxfam America’s Humanitarian Policy Lead Scott Paul said: “Secretary Pompeo’s decision to designate the Houthis as a terrorist organization is a counter-productive and dangerous policy that will put innocent lives at risk. This designation will not help to resolve the conflict or provide justice for the violations and abuses committed during the war; it will only compound the crisis for millions of Yemenis fighting for their survival.

As the international community gathers in New York this week for the Horn of Africa High Level Pledging Conference, we urge global donors to address the impact of the climate injustice taking place in the region by making the financial pledges required to fully fund the humanitarian response and help address immediate and long-term needs across Ethiopia, Kenya and Somalia, where millions of people are trapped in a devastating cycle of hunger and displacement.

The US and some European countries are seeking to water down historic global tax reforms warned Oxfam today, ahead of a meeting of G20 Finance Ministers and central bank governments in Riyadh, Saudi Arabia this weekend. G20 Ministers are expected to give the green light to the Organization for Economic Cooperation and Development’s (OECD) outline proposals for tax reform at the meeting on 22 and 23 February.

After several path-breaking global deals for sustainable development and climate action were brokered in 2015, the time has come for the EU to deliver on its promises. The Netherlands have taken on the first EU Presidency of 2016 and are in a position of great responsibility to set the direction for this implementation. From the Agenda 2030 and the Sustainable Developments Goals to the Paris climate deal, a decided approach is necessary to ensure the EU leads on implementing these vital agreements.Oxfam has outlined a series of actionable recommendations for the Dutch presidency to…

The World Bank’s report shows clearly that billions of people were more vulnerable to the economic impacts of COVID-19 because of decades of economic policies which have kept them living one paycheck away from poverty, while the richest in society accumulate ever more wealth.

The contentious issue of financial support for communities, including displaced communities, which have suffered loss and damage as a result of the climate crisis is expected to take center stage at the UN Climate Summit in Madrid from 2 – 13 December 2019.

The richest 1 percent have more wealth than the bottom 95 percent of the world’s population put together, new Oxfam analysis of UBS data reveals today ahead of the annual UN High-Level General Debate.