Search results

Oxfam is deeply concerned by the outcomes of the G7 Summit in Kananaskis. At a time when urgent global crises demand bold and united action, the summit fell short of delivering the leadership the world needs. 

The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year unless the current trend of rising inequality is checked, Oxfam warned today ahead of the annual World Economic Forum meeting in Davos.

The gap between the rich and the rest is extreme and growing. G20 nations are not immune.

Women across the globe are facing new threats which risk dismantling decades of hard-won rights and derailing the effort to end extreme poverty, Oxfam warns today. 

More than 170 former heads of state and government and Nobel laureates, including former Prime Minister of the United Kingdom Gordon Brown, former President of Colombia Juan Manuel Santos, former President of Liberia Ellen Johnson Sirleaf, former President of France François Hollande and Nobel Laureates Professor Joseph Stiglitz and Professor Francoise Barre-Sinoussi, today called on President Biden to support a waiver of intellectual property rules for COVID-19 vaccines and pursue a people’s vaccine to end the pandemic in an open letter today.

The carbon footprints of the richest 1 per cent of people on Earth is set to be 30 times greater than the level compatible with the 1.5°C goal of the Paris Agreement in 2030, according to new research out today. It comes as delegates grapple with how to keep this goal alive at the COP26 meeting in Glasgow.

The world’s biggest aid donor, the European Union, was sidelined at the High Level Forum on Aid Effectiveness taking place in Busan, South Korea from 29 November – 1 December.

Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before. An average of nearly four new billionaires were minted every week. Meanwhile, the number of people living in poverty has barely changed since 1990, according to World Bank data. 

On 4 December 2014, Winnie Byanyima was announced as co-chair of the World Economic Forum’s 2015 Annual Meeting in Davos-Klosters, Switzerland. Here is her response:"There is overwhelming consensus that things must change. The World Economic Forum has listed growing income inequality as a major global risk for several years running. Business leaders, faith leaders, and leaders of governments agree: extreme and growing inequality must be addressed urgently.…

A global bank tax to help poor countries survive the economic crisis must be urgently agreed, Oxfam said today ahead of the G20 meeting of finance ministers in Busan, South Korea.