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With its vote on the reform of the EU’s polluter-pays scheme today, the European Parliament’s Environment Committee has failed to introduce effective rules for the support of poor countries in adapting to climate change.

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population combined, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

Today, the European Commission published its proposal for the next EU Multiannual Financial Framework (MFF). The MFF will determine the architecture and the financial amounts of the EU’s budget for the next seven years (2021-2027).Oxfam’s Policy Advisor, Hanna Saarinen, said:“The proposal shows that the EU is abandoning its ambition to be the global leader in international development. The EU is more concerned with pushing its own agenda than delivering on its commitments to the sustainable development goals. Despite increasing the amount of funds allocated…

The European Parliament is right to call out EU governments for their failure to agree the reforms needed to tackle large-scale tax avoidance, said Oxfam in reaction to a key vote on tax in the European Parliament.

The European Commission has missed yet another chance to effectively end tax havens. Today’s tax transparency proposal is not sufficiently ambitious and too limited in its scope for that task.

The European Union must overhaul its current bioenergy policy, which is based on getting fuel from plants, because the industry is linked to the eviction of thousands of people from their lands, out-competing food crops, and creating more not less pollution, says Oxfam in a new report.

The upcoming EU tax haven blacklist has to include at least 35 countries, including notorious tax havens such as Switzerland and Bermuda, in order to be effective, Oxfam finds in a new report published today. The analysis also shows that at least 4 EU countries would be blacklisted if the EU were to apply its own criteria to member states.

It is shameful to see European banks again involved in a major global money laundering scandal. 

Governments tried to further water down an already weak legislative proposal, Oxfam said in response to the EU finance ministers’ failure to agree on new measures against corporate tax dodging.

Joint Media Reaction by Oxfam, CAN Europe, APRODEV, CIDSE