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The EU is a group of rich countries characterized by high incomes, stable institutions, and home to 342 billionaires. 

The richest 1% now have more wealth than the rest of the world combined. The fight against poverty will not be won until the inequality crisis is tackled.

Global wealth is increasingly concentrated in the hands of a small wealthy elite. This briefing explains Oxfam’s methodology and data sources and updates key inequality statistics.

This joint briefing from Oxfam, Christian Aid, Action Aid and the CBI reflects a growing convergence between businesses and tax advocacy groups on the use of tax incentives in the Global South.  It argues that tax incentives can be a useful tool in promoting decent jobs and growth.  But it also contends that too often tax incentives are used in inefficient and ineffective ways, and in the worst cases are entirely redundant.  

This briefing includes recommendations for how Development Finance Institutions (DFIs) can take a much-needed and overdue proactive role in ensuring tax payments and domestic resource mobilization in developing countries follow from their investment decisions.

New estimates show that just eight men own the same wealth as the poorest half of the world. As growth benefits the richest, the rest of society – especially the poorest – suffers. Our economy must stop excessively rewarding those at the top and start working for all people.

The Mauritius Leaks show that tax havens continue not only to exist but to prosper, despite government promises to rein in tax dodging. This briefing lists five steps governments can take to tackle tax avoidance, and end the era of tax havens and the race to the bottom on corporate taxation.

The European Commission (EC) has announced today an additional €30 million in urgent relief assistance for the people affected by the devastating floods in Pakistan.

(Bonn, Germany) A lack of urgency imperils the likelihood of an ambitious 2015 climate agreement, Oxfam warned today as talks continued at the latest UNFCCC meeting in Bonn, Germany.

The UNFCCC report on climate finance says that between $340 and $650 billion in finance for climate action is flowing globally with $40-175 billion going to developing countries each year. This report on climate finance makes one thing abundantly clear: only a small proportion of climate finance is flowing from developed countries to developing countries.