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A new Oxfam report found extreme hunger has surged in eight of the world's worst water crises - all in Africa. 

This current draft of the 2019 World Development Report has interesting ideas, but also contains some dangerous proposals and assumptions which Oxfam believes might compromise the World Bank’s mission of eradicating poverty and achieving shared prosperity.

"The failure to cancel debt payments will only delay the tsunami of debt that will engulf many of the world’s poorest countries, leaving them unable to afford the investment in healthcare and social safety nets so desperately needed", said Jaime Atienza, Oxfam International's Debt Policy Lead, in reaction to the G20 Finance Ministers and Central Bank Governors Meeting.

Responding to the World Bank's proposal of a $12 billion initiative to help poor countries purchase COVID-19 vaccines, Anna Marriott, Health Policy Advisor at Oxfam, said: "The World Bank is right to be concerned about whether poorer countries will be able to afford COVID-19 vaccines and treatments and they should use their influence accordingly."

From 2013 to 2016, Oxfam's Behind the Brands campaign called on the world’s 10 biggest food and beverage companies to adopt stronger social and environmental sourcing policies. Now we assess whether the companies have taken meaningful steps to implement the commitments they made in response to the campaign. 

Many governments and companies are adopting net zero climate targets as they recognize the urgency of the climate crisis. Without clear definition, however, these targets risk being reliant on using vast swathes of land in low-income countries to capture carbon emissions, allowing the biggest emitters to avoid making significant cuts in their own emissions.

On the term “abatement” appearing in the final text regarding the phase out of fossil fuels, Oxfam International’s Climate Change Policy Lead Nafkote Dabi said: “Abatement linked to fossil fuel phase out is a gift served on a silver platter to the fossil fuel industry they will gladly seize to dodge any commitments. It is a dangerous trick that will have catastrophic impacts on communities who are already in a vulnerable position due to climate breakdown.  

In response to the communiqué published following today’s meeting of G7 Finance Ministers and Central Bank Governors, Oxfam International’s Tax Policy Lead, Susana Ruiz, said: “That conversations about taxing the super-rich are happening at the G7 and G20 is historic. A majority of people, across party lines and across countries, support proposals to fairly tax the rich. 

In response to the outcome of COP30, Oxfam Brasil Executive Director Viviana Santiago said: 

Today Oxfam praised the CEO’s of eight of the ten biggest food and beverage companies in the world for joining together with the heads of some 400 major companies to call on world leaders, “to act with determination, leadership and ambition to secure an ambitious and legally binding global climate deal.”