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Almost half of the population of Timor-Leste’s capital has been impacted by severe flooding, according to government figures, after heavy rains fell on Dili and nearby provinces last week. Cyclone Seroja took the people of Timor-Leste by surprise, with the small nation previously not within the range of such extreme weather events. Oxfam in Timor-Leste’s Associate Country Director, Annie Sloman, said the impact of climate change was undeniable.

An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.

This report, co-written by the Economic Commission for Latin America and the Caribbean (ECLAC) and Oxfam, seeks to show why it is urgent that the effectiveness of tax incentives is reviewed and assessed, in order to guarantee the rights of citizens.