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Public services are the foundation of equitable, inclusive, and sustainable development. Conversely, underinvestment or privatization often leads to exclusion, inequality, and erosion of rights.

A Eurozone breakup could cost the world’s poorest countries $30 billion in lost trade and foreign investment, international agency Oxfam has warned ahead of the G20 leaders meeting in Mexico to discuss the state of the global economy.

This year, Oxfam leaders, experts, and partners are joining the UN 79th General Assembly, Summit of the Future, and Climate Action week in New York, hosting and attending events focused on UN Security Council Reform, gender, digital rights, inequality, climate action, and humanitarian issues.

“Mexico’s new NDC is the kind of ambitious leap forward the world urgently needs in order to prevent rapid climate breakdown."

Europe’s wealthiest are driving the bloc’s emissions while ordinary Europeans make the steepest cuts.

Today, the European Parliament voted on its position on a carbon border tariff for companies exporting to the EU (the Carbon Border Adjustment Mechanism). In response, Chiara Putaturo, Oxfam EU Tax expert, said: “Forcing the poorest countries to pay this tariff is unfair. Europeans are responsible for double the carbon emissions as those in the poorest half of the world since 1990. This decision allows rich countries to pass the buck to those least responsible for the climate crisis.

Oxfam together with nearly 50 NGOs from the Somalia NGO Consortium, warns of a deepening humanitarian crisis in Somalia and calls upon donors to urgently fund Somalia's drought crisis response.

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

As many as 28 million people across East Africa face severe hunger if the March rains fail. With the unfolding crisis in Ukraine taking their attention, there is a real danger that the international community will not respond adequately to the escalating hunger crisis in East Africa until it is too late, Oxfam warned today. 

Today, the European Commission presented its proposal for new sources of revenue for the EU’s budget.