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G20 finance ministers met in St. Andrews, Scotland, on 7 November 2009. Oxfam reacts to their communiqué.

About Financial Transaction Tax (FTT) and innovative financing for development  

“Oxfam welcomes any fall in the number of hungry people. This is proof that we can make great strides in eradicating global hunger. But in a world of plenty, 805 million hungry people is still 805 million too many,” said Oxfam spokesperson Luca Chinotti. “Global hunger is still unacceptably high.”“The fight to end global hunger is going in the right direction but is still too slow. These 2012-14 figures show a mixed picture at best. Some regions and countries seem to be winning but others are stagnant or falling behind, compared to the levels of four years ago. More…

Time is running out for ministers meeting in Paris to boost adaptation funding levels by 2020 and agree to set new improved finance targets for both adaptation and emissions reductions from when the Paris deal comes into force in 2020, Oxfam said today.

Negotiators at the UN climate talks have narrowly avoided a collapse, agreeing to the bare minimum deal possible.

Oxfam water engineers are having to drill deeper, more expensive and harder-to-maintain water boreholes used by some of the poorest communities around the world, more often now only to find dry, depleted or polluted reservoirs. 

People around the world are trapped in a ‘toxic triangle’ made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up  global temperatures, putting 400 million people at risk of hunger and drought by 2060.  

New figures released by the UN Food and Agriculture Organisation (FAO) show that the number of hungry people has risen for the third year in a row, mainly as a result of conflict and the climate crisis. However, despite the spiralling hunger and two global food price crises in a little over ten years, hunger has fallen off the political agenda.

Oxfam welcomes Pope Francis' message on human rights and justice for sustainable development, delivered at the opening of the historic Sustainable Development Summit in New York.

  OXFAM REACTION: G20 finance ministers   Oxfam spokesperson Luc Lamprière said: