Today the European Parliament gave the green light to the European Markets Infrastructure Regulation (EMIR) designed to regulate shady ‘over the counter’ (OTC) derivatives. NGOs welcomed the introduction of clearing and reporting obligations for these financial products as a crucial step towards regulating vital agricultural commodity derivatives markets.
China is expected to shortly submit its Intended National Determined Contribution (INDC) following a statement earlier by Chinese Premier Li Keqiang. China will lay out plans to peak its emissions and commit to delivering 20 per cent of its energy with non-fossil fuel sources by around 2030. Oxfam believes this could help catalyze action against climate change globally.Tim Gore, Oxfam's international climate adviser, said: "China’s announcement to set ambitious goals to reduce emissions and increase renewables is welcome. No other major economy has embarked on such a rapid…
Oxfam is calling for more investment to go into preparing people for floods and other disasters in Pakistan as it marks its 40th year of working in the country this week.
EU foreign ministers assessing the six months since November’s Valletta Summit on migration from Africa must shift their focus to the urgent needs of people fleeing from violence and human rights abuses, said Oxfam and ICMC.
Hundreds of European cities, regions, businesses, youth and faith groups and civil society organisations are urging European leaders to take decisive action to respond to the climate emergency by profoundly altering the way we run our societies and economies to limit temperature rise to 1.5°C.
Over 150,000 people from around the world have joined 35 organizations in calling for world leaders to press the Israeli government to lift the blockade on Gaza as its reconstruction could take 17 years with just 5% of building materials allowed in one year on since the end of the last conflict.
The new Greek asylum system is designed to deport people rather than offer them safety and protection, warned the Greek Council for Refugees (GCR) and Oxfam today.
Every day, women and non-binary people are confronted by discrimination and inequality. They face violence, abuse and unequal treatment and are denied opportunities to learn, to earn, and to lead.
Oxfam - as part of a global coalition of 223 civil society organizations - urgently calls upon UN member states to step in and request an Emergency Special Session of the UN General Assembly to demand an end to all unlawful attacks in Aleppo and elsewhere in Syria.