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Other members of the G20 have exported more than US$17bn worth of arms to Saudi Arabia since it became involved in the conflict in Yemen in 2015 but have given only a third of that amount in aid to people caught in the world’s biggest humanitarian crisis, Oxfam said today.

The G20 leaders’ summit has made welcome progress in tackling the refugee crisis while also taking tentative steps towards addressing the gap between rich and poor. However, the G20 has done little to build momentum toward an ambitious climate deal.

Suspending debt owed to rich countries is only one piece of the puzzle. Rich private banks and investors should be pushed to cancel debts by enforcement and not left to voluntary action, said Oxfam today in response to the announcement that the G20 has agreed to suspend debt repayment of the poorest countries.

As the second Global Refugee Forum (GRF) is about to take place in Geneva this week, the InterAgency Working Group for East and Central Africa (IAWG) urges world leaders to honour their commitment to support refugees and the countries hosting them, through increased, equitable responsibility-sharing.   

Responding to the Rio de Janeiro G20 Ministerial Declaration on International Tax Cooperation published today, Oxfam International’s Tax Policy Lead Susana Ruiz, said: "This is serious global progress —for the first time in history, the world’s largest economies have agreed to cooperate to tax the ultra-rich. Finally, the richest people are being told they can't game the tax system or avoid paying their fair share." 

Ahead of the G20 Summit in Rome, Italy, Oxfam calls on G20 leaders to take urgent action to dramatically scale up manufacturing and access to COVID-19 vaccines around the world, promote a fair economic recovery, fight hunger, lower dangerous greenhouse gas emissions, and help the poorest countries adapt to the climate change already happening.

At the end of the G20 Summit in Rome, Italy, Oxfam panned the lack of bold and effective action from the world leaders at such an important moment in the global response to the COVID-19 pandemic. 

Reacting to the communique issued at the conclusion of third G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the South African presidency.

Less than eight cents in every dollar raised in tax revenue in G20 countries now comes from taxes on wealth, reveals new analysis by Oxfam today ahead of the first meeting of G20 Finance Ministers and Central Bank Governors in Sao Paulo, Brazil. 

G20  countries to support a “new global deal to tax the world’s ultra-rich individuals” in an open letter published today. Ensuring the ultra-rich pay their fair share “would reduce inequality and raise trillions of dollars necessary for investments in industrial policy and a just transition.”