G20

Responding to an announcement by the FAO that global food prices remained steady during April but cereal prices have gone up by as much as 5.5% since March, Luca Chinotti, Food Policy Advisor for O

Robert Zoellick / the food crisis:

Oxfam spokesperson Luc Lamprière said: 

In response to the Food and Agriculture Organization’s announcement that global food prices slightly decreased last month, Oxfam’s policy advisor Luca Chinotti said: 

“Today President Sarkozy signaled that a number of ‘lead’ countries could forge ahead this year with a tiny levy on financial transactions – a Robin Hood tax – and that he is confident othe

About Financial Transaction Tax (FTT) and innovative financing for development
 

Reacting to business leaders’ proposals on climate change, Jeremy Hobbs, Executive Director of Oxfam International said:

World leaders have an historic opportunity to reform the global economy to ensure that the one in six people who live in extreme poverty benefit from economic recovery, international agency Oxfam said today ahead of the G20 summit in Seoul.

Growth is necessary but not sufficient to lift poor people out of poverty, international agency Oxfam said today as it published a briefing paper calling on the G20 to agree an historic new Seoul development consensus to help the world’s poorest.

When the G20 meets in Seoul in November 2010, it has a big choice to make.

The G20 missed a golden opportunity to tackle global poverty when it could only agree to disagree over how to make banks repay the cost of the economic crisis, said international agency Oxfam.