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Wealthy Group of Seven (G7) countries owe low- and middle-income countries $13.3 trillion in unpaid aid and funding for climate action, reveals new analysis from Oxfam ahead of the G7 Summit in Hiroshima, Japan.

The investments of just 125 billionaires emit 393 million tonnes of CO2e each year – the equivalent of France – at an individual annual average that is a million times higher than someone in the bottom 90 percent of humanity.

South Africa is considered a ‘food-secure’ nation, producing enough calories to adequately feed every one of its 53 million people. However, the reality is that one in four people currently suffers hunger on a regular basis.

Oxfam and partners are delivering urgent aid to people affected by the severe flash floods in Bangladesh. Millions of people are stranded and in desperate need of aid.

Farmer seed systems and community seed banks provide an important safety net for cash-strapped, vulnerable people. They also help small-scale farmers manage climate risk. Supporting them is an adaptation opportunity that is currently being missed.

As the Earth Day Summit concluded, Oxfam applauded President Biden for convening world leaders in an effort to increase global climate ambition, lower emissions, and build resilience. However, more action is needed to avert dangerous climate change impacts that are already disproportionally harming those who are most vulnerable.

Responding to the publication today of the IPCC’s Synthesis Report (SYR), Oxfam’s Climate Policy Lead Nafkote Dabi said: “This is, literally, the last chapter. The science shows that limiting global heating to 1.5°C is still possible —but only just. Unless we pull the emergency brake on deadly carbon pollution, ‘unheard-of’ heatwaves, storms, droughts and floods will continue to become more frequent and hit more places and people."  

Oxfam is mounting a humanitarian response to the catastrophic flooding in Pakistan working with a network of local partner organizations. Relief efforts will focus on two of the hardest-hit provinces of Balochistan and Sindh in the south-west of the country. The response will target 25,000 families and households affected by the floods.

Bangladesh is one of the world’s most climate-vulnerable countries, yet at the same time it has demonstrated climate leadership. This briefing note examines how appropriate lending by international financial institutions can help Bangladesh to blaze a new sustainable development pathway.

For families living in Nepal’s remote highland regions, chronic food insecurity and hunger are part of daily life.