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A group of economists, activists, politicians and millionaires from seven countries across Europe today registered a ‘European Citizens’ Initiative’ (ECI) calling on the European Union (EU) to adopt a permanent annual wealth tax on Europe’s biggest fortunes to raise revenue to reduce poverty and inequality both at home and in poorer countries, and to tackle the climate crisis.

Global climate finance levels are woefully insufficient to keep warming below 1.5°C or protect people from the devastating impacts of climate breakdown —and this gap is particularly evident in countries mired in conflict or that are unable to provide basic services for their communities. 

#OpenLux shows how big companies and billionaires use EU tax havens to set up shell corporations and dodge their tax bills.     

The military coup in Burkina Faso late January made headlines. The registration that same month of over 160,000 newly displaced Burkinabé, a near-record high figure, did not. The jump marks the second biggest monthly increase since the humanitarian crisis started in the country over three years ago, warned the Norwegian Refugee Council, Action Against Hunger, Médecins du Monde France and Oxfam.

Oxfam, together with our partners in Turkiye (Turkey) and Syria, is working to reach nearly 2 million people – 10 percent of the population affected by the quake – with aid and support so that they can rebuild their lives.   

Oxfam, along with partner organizations, will engage by hosting one official side event and 12 parallel events under the NGO CSW Forum. This year the CSW priority theme addresses challenges to women’s rights and equity related to education in the digital age and the review theme looks at the empowerment of rural women and girls. 

Today, the EU reached a provisional agreement on a new carbon tariff on goods imported into Europe (the Carbon Border Adjustment Mechanism).

Today, the European Court of Justice ruled that Ireland illegally provided state aid to Apple through a tax deal which upholds the European Commission’s 2016 decision. As a result, Apple must now pay back €13 billion in unpaid taxes. 

The international humanitarian response system will fail to cope with the expected rise in the number of people exposed to crises unless there are more resources closer to where disasters happen and there is more investment in preventing and reducing the risk of disasters, warns Oxfam.

An independent financial investigation commissioned by Oxfam Great Britain has confirmed that fraud occurred in one of its programs for flood relief in Sindh, Pakistan.