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"The IFC can’t simply wash its hands of responsibility for upholding its own policies. There must be reparations for the damages caused," said Christian Donaldson, Oxfam International’s Senior Advisor on International Financial Institutions, in response to he publication today of an independent investigation into a hydroelectric dam project in Guatemala that found the International Financial Corporation (IFC), the World Bank’s private sector arm, was negligent in preventing harm to indigenous communities.

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. 

“We win life by working together as one”. In this house, partnership feeds the children, builds savings, and opens the door to a small business. The path isn’t free of comments or doubt, but the family moves forward together.

Current levels of aid from rich countries are woefully inadequate to help developing countries face the coronavirus crisis, said Oxfam today in response to new OECD aid figures for 2019.

Vaccinating the poorest half of humanity —3.7 billion people— against coronavirus could cost less than what the ten biggest pharmaceutical companies make in four months, Oxfam said today. 

This research report examines the role of policy in influencing corporate investment in agricultural land, production and primary processing with a view to unravelling two interrel

Oxfam research presented in this report found that the rate of child, early and forced marriage in Nyal, South Sudan, is among the highest in the world. Action is urgently needed: including a long-term commitment and investment at community, national and international levels.

South Africa has today tabled its climate action plan for Paris, committing to put a lid on rising emissions through to 2030. How low they are able to plateau will depend on international support meaning so climate finance will be key to unlock greater ambition, says Oxfam.

Super Typhoon Mangkhut is the 15th storm to hit the Philippines this year and, so far, the strongest for 2018. An average of 20 typhoons hit the country each year.

A staggering 40 per cent drop in funding focused on climate change adaptation, revealed by the OECD yesterday, should prompt renewed action at the Ministerial Meeting on Mobilizing Climate Finance in Washington and meetings of EU climate experts in Brussels next week.