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G20 finance ministers in Lima today endorsed international tax reforms for tackling tax dodging launched by the Organization for Economic Cooperation and Development (OECD). While the measures are a tax milestone, they poorly represent the critical needs of developing countries, Oxfam warned today.

Oxfam believes that reducing inequality is fundamental to fair and sustainable development.

Reducing the impacts of disasters on poor people is absolutely vital. Climate/disaster risk financing could play a useful role if it is part of an approach that includes risk reduction, if it strengthens social protection, and if it has real participation from civil society.

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

Young women and men today must grapple with serious social, political and environmental problems inherited from their elders. By marshaling the energy, creativity and talents of youth to address the multiple inequalities they face, we will all reap a ‘demographic dividend’ and build a fairer world.

As financing for climate change adaptation in developing countries begins to flow, it is essential that the governance of funding at the global and country level be shaped so that the needs

Oxfam spokesperson Luc Lampriere said:

G20 finance ministers met in St. Andrews, Scotland, on 7 November 2009. Oxfam reacts to their communiqué.

Millions of poor people across the globe are facing the prospect of a swine flu pandemic without access to potentially life-saving healthcare.

Oxfam Global Ambassador and Hollywood actor Gael Garcia Bernal stars in a new on-line advertisement made by international agency Oxfam urging people to join the new “tck tck tck” climate change campaign.