Tagged: Washington DC Office

Press Release
Rag-picking community of Shanti Busti, India. Photo: Tom Pietrasik/Oxfam

Following Oxfam’s January report revealing that just 85 people owned the same wealth as the bottom half the world’s population, Forbes has updated its “billionaires' list”, showing that extreme inequality has worsened– just 67 people at the top now own half the wealth.

Press Release

The World Bank has been forced to backtrack on a controversial investment in Corporación Dinant, a palm oil company implicated in serious human rights abuses in Honduras. The Bank’s private-sector lending arm the International Finance Corporation (IFC) today admitted errors and promised to ‘refine’ its action plan and ‘reflect on’ internal problems that led to mistakes.

Press Release

Oxfam applauds the World Bank's new strategy to halve extreme poverty by 2020 and end it by 2030, but swift action is now needed to bring the strategy to life.

Press Release

The strategy to end extreme poverty and support inclusive growth is an important milestone for the World Bank and Oxfam welcomes Jim Kim’s vision and commitment.

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