“The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”
This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.
Tax havens are fuelling inequality and poverty. Meet Nellie, a teacher, and Vitumbiko, a nurse, from Malawi, as they tell us how tax dodging is hurting people’s chances to escape poverty in Malawi. And act now.
Tax revenue that should be helping to fund essential services in Malawi and other poor countries is disappearing at an alarming rate, held offshore in tax havens. Find out more about how this is impacting the life of the majority of the citizens. And what you can do about it.
Generational inequality has grown at an alarming rate, paralleling the rise in the gap between rich and poor. Despite their potential and strength in numbers, youth continue to be culturally and politically marginalized. Yet, they could be instrumental in finding solutions to the challenges of poverty.
The Malawi government has launched a Humanitarian Response Plan for people affected by drought, but lives could be at risk unless more money is found soon.
Today’s World Wealth Report from Capgemini shows that times have never been better for the world’s wealthiest - since 2009 more than 4.5 million new millionaires have been created, rising to a total of 15.4 million millionaires across the world last year. Yet while the wealthy prosper, 702 million people living in extreme poverty are being left behind.
Each year, unfair tax practices by multinational companies and wealthy individuals cost poor countries like Zambia at least $170 billion. Cecilia campaigns to make tax fair. Join her fight to end the era of tax havens.
As the blockade imposed by Israel approaches its 9th anniversary, it continues to devastate the lives and livelihoods of 1.8 million Palestinians living in Gaza. This collective punishment keeps people poor, denies them their rights and fails to make Israel safer, Oxfam said today.
The package of measures announced by governments attending the anti-corruption summit in London today will not stop tax cheats, said Oxfam. Politicians from over 40 countries, along with World Bank and IMF representatives, attended the conference.