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The World Bank and International Monetary Fund need to ditch the ‘trickle down’ economics of the past and lead the fight against inequality if they are serious about the new target to end extreme poverty by 2030.

After decades of underinvestment, governments in Africa are turning to partnerships with donor aid agencies and large companies or investors to develop the agriculture sector. But this so-called ‘mega’ public-private partnerships are unproven, risky and represent a dubious use of public funds to fight poverty and food insecurity. 

The poorest half of the world’s population - 3.5 billion people - is responsible for just 10 percent of carbon emissions, despite being the most threatened by the catastrophic storms, droughts, and other severe weather shocks linked to climate change.  

The six wealthiest nations host less than nine percent of the world’s refugees while poorer countries shoulder most of the responsibility.

Despite there being more young people in the world today than ever before, they are excluded from decision-making and are the most vulnerable to economic crises, says a new Oxfam report.

Today European leaders met in Brussels to agree an EU climate and energy package up until 2030.Leaders decided to curb C02 emissions by at least 40%, increase the amount of renewable energy in the mix to at least 27%, and set a non-binding target to reduce energy demand by at least 27%. In response to the announcement of the deal, Natalia Alonso, Oxfam’s Deputy Director of Advocacy…

The leadership of a handful of countries is masking the failure of the majority to deliver on their overseas aid promises, said Oxfam today in response to the publication of new figures for overseas aid spending by the Organisation for Economic Co-operation and Development (OECD).  “While total cash flows have plateaued, overseas aid has, yet again, fallen in real terms over the last year and less of this money is finding its way to the poorest and most vulnerable…

In reaction to today’s announcement at the G7 in Biarritz of a new partnership on the Sahel region led by France and Germany, Oxfam’s spokesperson, Robin Guittard, made the following statement:

“The pharmaceutical industry’s attempt to rubbish the World Health Organisation’s initiative suggests that they care more for profits than people’s health," said Anna Marriott, Health Policy Manager for Oxfam, in response to the World Health Organisation’s call for governments to back a voluntary scheme to share trial data and patents relating to vaccines and treatments for the coronavirus.

“As the COP27 enters the final crucial days, it is a shame that rich countries – especially the US – continue to reject calls from the G77 Group, representing 134 developing countries, for a loss and damage fund to be established here at COP27."