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Reacting to the vote of the European Finance Ministers in favour of the 'enhanced cooperation procedure' for a financial transaction tax in eleven European countries, Nicolas Mombrial,

The EU’s response to COVID-19 in the recovery package, and the Farm-to-Fork Strategy, are opportunities to help fix the broken global food system.

The G7 must pursue windfall taxes on excess corporate profits including from those making huge returns from surging food and energy prices. The revenues can be used to fund an end to global hunger and to tackle climate change, says Oxfam.

As G7 leaders head to Biarritz, France, and President Macron promises to make the fight against inequality a priority at this year’s Summit, Oxfam says that the G7 are actively fueling inequality at home and across the globe.

In response to the Global Report on Food Crises released today, Oxfam International’s Global Advisor for Emergency Food Security and Livelihoods Emily Farr said: “Oxfam is deeply concerned by the findings from the Global Report on Food Crises released today, which show that the confluence of conflict, economic shocks including from COVID-19, and extreme weather exacerbated by climate change has radically increased extreme hunger and inequality around the globe.

Heavy rains have swollen river basins in north Bangladesh, leading to severe flooding, submerging towns and destroying homes and crops in a region already suffering due to the coronavirus pandemic, Oxfam said today.

The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion —at a rate of $15,000 per second or $1.3 billion a day— during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty. 

As the second Global Refugee Forum (GRF) is about to take place in Geneva this week, the InterAgency Working Group for East and Central Africa (IAWG) urges world leaders to honour their commitment to support refugees and the countries hosting them, through increased, equitable responsibility-sharing.   

Rising food prices and a lack of political will has affected how millions of people across the world have been breaking their fasts during the holy month of Ramadan.

EU energy ministers met today to adopt amendments to the Renewable Energy Directive and the Fuel Quality Directive made in June.