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A group of economists, activists, politicians and millionaires from seven countries across Europe today registered a ‘European Citizens’ Initiative’ (ECI) calling on the European Union (EU) to adopt a permanent annual wealth tax on Europe’s biggest fortunes to raise revenue to reduce poverty and inequality both at home and in poorer countries, and to tackle the climate crisis.

Aid money the G8 has promised but won’t deliver could save more than 3 million lives, Oxfam said today as leaders gathered for the summit in L’Aquila, Italy.

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

By 2030, the richest 1% are on course for an even greater share of total global emissions than when the Paris Agreement was signed. Tackling extreme inequality and targeting the excessive emissions linked to the consumption and investments of the world’s richest people is vital to keeping the 1.5⁰C Paris goal alive.

Climate activists today added a dramatic twist to the COP29 summit with a live game show called Make Polluters Pay. As the United Nations climate finance negotiations entered their final days in Baku, activists took center stage at the summit conference venue. Dressed as fossil fuel executives, they theatrically shoveled fake "money" into a symbolic Loss and Damage Fund, highlighting the urgent need for rich countries to pay up on climate finance.

After enduring more than seven years of brutal conflict the people of Yemen have finally had the opportunity to experience what it means to feel hopeful. An unprecedented truce, now in its sixth month, brings with it the possibility for longer-term peace and the chance to rebuild lives and livelihoods. But while the conflict has slowed, humanitarian needs continue to increase, and the humanitarian response remains under and unequally funded. 

Oxfam response to the latest climate finance draft text (22 November 2024) at COP29.

This discussion paper, published by WWF in association with Oxfam, aims to contribute to the evolving debate on the links between resource scarcity and international development. I

Pakistan is one of the world’s most hazard-prone countries, with each humanitarian crisis costing lives and money and deepening the alarming levels of poverty and malnutrition.

The extreme actions taken by security forces against people seeking asylum and the recent violent attacks against workers for human rights and humanitarian organizations in Greece are an alarming development, said 256 organizations in a joint statement on Friday.