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The richest 1% now have more wealth than the rest of the world combined. The fight against poverty will not be won until the inequality crisis is tackled.

Development Finance International and Oxfam have produced the first index to measure the commitment of governments to reducing the gap between the rich and the poor.  

In most countries, subsoil oil, gas and mining resources are the property of citizens and are managed on their behalf by governments. Oxfam believes that citizens have a right to know the full terms under which oil, gas and mineral resources are developed and sold, to enable them to assess whether the public benefits claimed are likely to become reality.

The UNFCCC report on climate finance says that between $340 and $650 billion in finance for climate action is flowing globally with $40-175 billion going to developing countries each year. This report on climate finance makes one thing abundantly clear: only a small proportion of climate finance is flowing from developed countries to developing countries.

A High Level Panel to explore new ways of raising $100 billion a year to help poor countries adapt climate change and reduce their emissions was launched by the prime ministers of the UK and Ethiopia and the UN Secretary General today.

At the request of the French government, currently chairing the G20, the Food and agriculture Organization of the UN (FAO) held today an emergency meeting to mobilize international support

The package of measures announced by governments attending the anti-corruption summit in London today will not stop tax cheats, said Oxfam. Politicians from over 40 countries, along with World Bank and IMF representatives, attended the conference.

Oxfam welcomes the World Bank and IMF’s recognition of the powerful and catalyzing impact of fairer tax systems in reducing poverty, inequality and promoting growth. But the two institutions need to provide more clarity on their proposal.

Oxfam International is participating at the 9th World Social Forum in Belém, Brazil to help tackle the combined effects of the global economic crisis, rising food prices, and the effects of climate change in developing countries.

A program designed as a “silver bullet” to fight malaria could actually be endangering lives because medicines are being distributed by unqualified shopkeepers and hawkers rather than trained health workers.