Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.
The global food system works only for the few – for most of us it is broken.
At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.
Oxfam welcomed reports of increased climate finance pledges made by finance ministers in Lima today, but warned that only a fraction is meant to help countries most vulnerable adapt to the devastating effects of climate change.
There has been an increase in international climate finance in the fight against climate change, according to a new OECD report, which Oxfam is encouraged by.
Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today.
In Cambodia, recurrent draught periods and floods have become a major concern and a big challenge for many farmers. With support from a local organization funded by Oxfam, Mrs. Sao Khea, a Cambodian farmer learned about how to overcome these challenges and minimize the risks caused by climate change.
Millions of poor people in Southern Africa, Asia and Central America face hunger and poverty this year and next because of droughts and erratic rains as global temperatures reach new records, and because of the onset of a powerful El Niño.
At least ten million poor people face hunger this year and next due to droughts and erratic rains, influenced by climate change and the likely development of a ‘super El Niño’.
Oxfam welcomes Pope Francis' message on human rights and justice for sustainable development, delivered at the opening of the historic Sustainable Development Summit in New York.