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Given the tremendous financing needs, Oxfam supports a strong IDA20 replenishment. We are calling for a robust policy package that is appropriately ambitious for the next three years, aimed at propelling IDA countries forward towards a just economy after COVID-19 that is more equal and inclusive.

World Bank President Jim Yong Kim has yet again failed to profile his commitment to tackling climate change and inequality as central to his aim in eradicating poverty by 2030.

Oxfam spokesperson Caroline Peace said: World Development Report: “Women do most of the world’s work but have a minority of the world’s jobs.

Oxfam spokesperson Caroline Pearce said: On economic growth:

Despite promises, nearly three-quarters of African governments reduced their agricultural budgets while paying almost double that on arms.

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.

The global repercussions of the Ukraine crisis ―already being felt in fast-rising food, commodity and energy prices― could undermine official aid efforts to help people in other humanitarian hot-spots. 

More than 23 million people are being pushed towards severe hunger and destitution across East Africa, international aid agency Oxfam warned today, as it launched an emergency appeal to raise $15 million.

A year on since the UN warned of “famines of biblical proportions”, rich donors have funded just 5 percent of the UN’s $7.8bn food security appeal for 2021. More than 200 NGOs published an open letter today calling upon all governments to urgently increase aid to stop over 34 million people, from being pushed to the brink of starvation this year.

The World Bank has released new draft safeguard policies that will vastly weaken protections for affected communities and the environment at the same time as the bank intends to finance more high-risk projects, say 19 organizations.