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Today, the European Parliament voted through a non-binding report on the European Commission’s proposal to implement the deal on a global minimum tax at the EU level. EU Finance Ministers are expected to vote on a final agreement next Tuesday, 24 May. 

An independent financial investigation commissioned by Oxfam Great Britain has confirmed that fraud occurred in one of its programs for flood relief in Sindh, Pakistan.

Oxfam is demanding that the Malaysian multinational, Sime Darby, quickly rights wrongs at its palm tree plantation in West Kalimantan, Indonesia.

Commitments that were made by governments in 2005 to ensure that people are better prepared for disasters in Pakistan have fallen short and will not be met by the deadline of 2015.

Oxfam has today warned that the $100billion a year pledged by rich nations to help fight climate change could fail the poorest people, if recent moves to deliver climate cash as loans continue.

The climate crisis is here – and the richest are fueling it. A fairer, more sustainable future is possible—but only if we make rich polluters pay.

Oxfam spokesperson Stephen Hale said:

The European Union’s latest row with Turkey will aggravate what is already Europe’s worst humanitarian disaster, Oxfam and the Greek Council for Refugees (GCR) said on the fourth anniversary of the EU-Turkey deal.

The investments of just 125 billionaires emit 393 million tonnes of CO2e each year – the equivalent of France – at an individual annual average that is a million times higher than someone in the bottom 90 percent of humanity.

Today, Oxfam publishes “Takers Not Makers” as business elites gather in the Swiss resort town of Davos and, billionaire Donald Trump backed by the world’s richest man, Elon Musk, is inaugurated as President of the United States. The report shows that globally, billionaire wealth grew by $2 trillion in 2024 alone, at a rate three times faster than the previous year.