COVID-19

The COVID-19 crisis cost women around the world at least $800 billion in lost income in 2020, equivalent to more than the combined GDP of 98 countries, said Oxfam today.  

Oxfam India has deployed teams to five of the worst-hit states in India where a second wave of coronavirus is sweeping the country. The international organisation is urgently appealing for $2 million to fund its emergency response to the crisis.

Ahead of shareholder meetings for the giant pharmaceutical corporations, the People’s Vaccine Alliance calculates that Pfizer, Johnson & Johnson and AstraZeneca have paid out $26 billion in dividends and stock buybacks to their shareholders in the past 12 months.

On the eve of the Earth Day Summit, Oxfam is calling for President Biden and world leaders attending the virtual summit to urgently ramp up ambition to tackle the climate crisis.

Former UN Human Rights Commissioner and Irish President, Mary Robinson, a vocal advocate for a People’s Vaccine has joined calls of 174 former world leaders and Nobel laureates for a patent waiver at the international level. This was prompted by news that US President Biden is considering supporting a proposal at the WTO that would temporarily suspend Covid-19 vaccine patents. 

More than 170 former heads of state and government and Nobel laureates, including former Prime Minister of the United Kingdom Gordon Brown, former President of Colombia Juan Manuel Santos, former President of Liberia Ellen Johnson Sirleaf, former President of France François Hollande and Nobel Laureates Professor Joseph Stiglitz and Professor Francoise Barre-Sinoussi, today called on President Biden to support a waiver of intellectual property rules for COVID-19 vaccines and pursue a people’s vaccine to end the pandemic in an open letter today.

The world’s population requiring humanitarian assistance has been growing in recent years. The UnBlocked Cash project is a blockchain-powered cash transfer solution that improves how aid is delivered without compromising the dignity of beneficiaries. It is saving costs of distributing aid, reducing delivery times, and bringing more transparency and accountability.

Responding to the G20 Finance Ministers’ meeting today, Nadia Daar, Head of Oxfam’s Washington DC Office, said: "The G20 is not delivering on its promise to rebalance the global economy and provide major relief. It has simply extended a freeze on bilateral debt-service payments through year-end, pushing the can down the road once again. If debt cancellation is not part of the solution, the world’s poorest countries will continue to struggle to cope with the pandemic and its devastating effects. 
 

Rich countries must open the way to cheaper mass-produced COVID-19 vaccines in order to protect every person in the world and avert a $9 trillion “worst case” global economic catastrophe, said Oxfam today. They should also agree this week to inject $650 billion more into the global economy to help developing countries cope with the pandemic’s already devasting effects.

Epidemiologists, from some of the world’s leading academic institutions, delivered a stark warning today of the risk the world is taking by failing to ensure all countries have sufficient vaccines to protect people from COVID-19.