financing for development

Oxfam welcomes the G20’s attention to the sovereign debt crisis in the Global South, but warns about the risks involved in the G20’s approach to resolve it, outlined in more details in the IMF and World Bank Non-Paper on Actions to Support Countries Faced With Liquidity Challenges.  

We strongly support the approach’s aim to significantly increase the net flow of resources to the Global South to back ambitious, country-owned national development and climate strategies. We urge the G20 to adopt several elements of the plan, including increasing bilateral grants, reviewing relevant IMF policies, increasing IMF and multilateral development banks’ resources including but not limited to a generous IDA21 replenishment, and redoubling efforts to promote effective and equitable domestic resources mobilization.

We support the call for a rebalance of power in the governance of global tax issues.

The corporate grip on development finance must be loosened if the Finance for Development Conference is going to help mobilize the resources needed to overcome poverty. Oxfam issued this warning ahead of third Finance for Development Conference which is to be held in Addis, Ethiopia from 13 - 16 July.

Governments are negotiating the outcome document for this September's United Nations Summit to Adopt the Post 2015 Development Agenda - a set of promises the world leaders will make to all people on this planet for the next 15 years.

'Financing the Sustainable Development Goals' is the second Government Spending Watch report, produced by Development Finance International for Oxfam.

In a briefing note on mining agreements between AREVA and Niger, Oxfam and ROTAB, both members of the "Publish What You Pay" coalition, denounced the secrecy and pressure surrounding the negotiations.

The G20 leading economies have sidelined development and food security at their summit in Los Cabos.

The past ten years have seen a surge in a new type of development lending, in which development finance institutions (DFIs) provide funding through financial intermediaries (FIs) rather tha

The world’s poor must not pay the price for the collapse of financial markets. Without immediate action, millions will suffer.