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Oxfam spokesperson Luc Lampriere said:

The European Parliament today adopted a report advocating the EU press ahead with the introduction of a Financial Transaction Tax (FTT) on a unilateral basis to raise money for public goods.

Oxfam, together with Save the Children and CARE are calling for further emergency food assistance along with longer term livelihoods support to avert yet another crisis. 

Global greenhouse gas (GHG) emissions are set to rise by 10.6% by 2030 instead of falling by the 45% needed to limit the increase in global temperature to 1.5 °C. The G20 countries are the worst and most-responsible offenders, says Oxfam.

As the latest draft COP26 text is published, Tracy Carty, head of Oxfam’s COP26 delegation said: “Here in Glasgow, the world’s poorest countries are in danger of being lost from view, but the next few hours can and must change the course we are on. What’s on the table is still not good enough."

Typhoon Haiyan not only killed thousands across the Philippines and made millions homeless.

Our unequal global food system is unsustainable for people and planet. We urgently need to rethink how the world feeds its people.

The European Commission proposed today an EU-wide Financial Transaction Tax (FTT) to fund its next long-term budget (2014-2020) partly through own resources.

At the close of the World Bank and International Monetary Fund’s Spring Meetings in Washington, Chris Stalker, Acting Head of Oxfam International’s Washington office, commented on the week's developments.

Ahead of the Annual Meetings, international agency Oxfam urged the World Bank to sharpen and swiftly move forward on the new strategy to end poverty by 2030 and boost shared prosperity.