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In reaction to today’s global COVID summit hosted by President Biden, campaigners from the People’s Vaccine Alliance caution that ambitious goals to vaccinate the world will only be met with bold action to increase manufacturing, technology transfer, and access to COVID-19 vaccines around the world, not empty promises.

At least $18.5 trillion is hidden by wealthy individuals in tax havens worldwide, representing a loss of more than $156 billion in tax revenue, according to new figures published today by international agency Oxfam.

Epidemiologists, from some of the world’s leading academic institutions, delivered a stark warning today of the risk the world is taking by failing to ensure all countries have sufficient vaccines to protect people from COVID-19.

One year on from the declaration of the COVID-19 pandemic, the People’s Vaccine Alliance is warning that developing countries are facing critical shortages of oxygen and medical supplies to cope with COVID-19 cases yet the majority have been unable to administer a single dose of a COVID-19 vaccine. In contrast rich nations have vaccinated their citizens at a rate of one person per second over the last month.

Two-thirds of countries are yet to meet the target of vaccinating 70 percent of people in all countries against COVID-19 set a year ago at the UN General Assembly, according to figures published today by Oxfam and The People’s Vaccine Alliance.

The proposed EU climate law is a good framework for EU climate action over the next decades, Oxfam says. The Commission, national governments and the European Parliament now must enact the law and take swift and decisive action to drastically reduce climate-heating emissions.

The European Parliament has supported an amendment calling for Europe to support the temporary suspension of intellectual property rules for Covid-19 vaccines, tests, and treatments. In reaction to this vote, Evelien van Roemburg, head of Oxfam EU office, said: "This vote sends a strong signal that Europeans stand shoulder to shoulder with the people of the world in the fight against the pandemic."

More doses of Covid-19 vaccines have been delivered to the EU, the UK and the United States in the six-week run up to Christmas than African countries have received all year, new analysis from the People’s Vaccine Alliance reveals today.

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years.

Today's digital tax proposal could help bring EU tax rules into the 21st century, by updating them to the digital economy. However, the European Commission's short-term proposal will not stop tax dodging by big tech firms, and could delay the much-needed global long-term solution.