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The European Union has adopted a new approach to foreign policy dubbed the “Global Gateway,” supported by a new European Financial Architecture for Development (EFAD). These policies are a direct response to the state of permacrises that the world finds itself in. It seeks to inject 180-300 billion euros over a period of six years into the EU’s partner countries in the form of infrastructure projects, a green transition and digitalisation. 

The international development agency said global food prices will more than double within 20 years as a new age of crisis forces the collapse of our broken global food system, said Oxfam today.

The European Union is rumored to be preparing just a token handout for climate action in poor countries for the next three years, with no guarantee that this money is going to come on top of existing aid commitments.

Oxfam strongly welcomes today’s leaked documents on Luxembourg’s tax haven operations revealed by the International Consortium of Investigative Journalists (ICIJ), showing that Luxembourg granted favorable tax treatment to many multinational corporations in order for them to dodge taxes by routing their profits through the country.

On Wednesday, the European Commission will put forward a communication outlining its stance on the global climate change talks aimed at reaching a deal by world leaders by the end of the year.

Kristin Davis, Angelique Kidjo and Paul Theroux and others join the call on World Bank to temporarily freeze land deals in developing countries.

Oxfam joins world leaders, civil society and people around the world to celebrate the adoption of the Sustainable Development Goals by world leaders at the United Nations, but cautions that progress toward them must be tangible, political and disruptive. 

Nigeria and Singapore are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International.

This global tax platform represents a step in a long road towards building a fairer and more transparent global tax system. The platform must be able to deliver tangible results and combat inequality, but most importantly, it must give the poorest countries a voice.

Within hours of Oxfam International’s Executive Director Winnie Byanyima declaring at the UNGA that the glory days for tax havens are over, the International Consortium of Investigative Journalists has released a damning exposé pointing the finger at the Bahamas for tax abuse.