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Leading NGOs call on EU leaders to protect EU development aid against short-sighted cuts ahead of this week’s special EU Budget summit.

Europe’s General Court ruled that Amazon did not profit from illegal state aid in Luxembourg. This ruling dates back to a 2017 European Commission decision which stated that Amazon benefited from an illegal tax deal with Luxembourg and had to repay €250 million in unpaid taxes to the Grand Duchy. Amazon and Luxembourg have appealed this decision. The verdict follows last year’s defeat for the Commission in its high-profile case against Apple and Ireland.  

All countries must use the COP20 Summit in Lima to resolve the impasse over “climate finance,” and make success possible at the critical Paris talks in December 2015, says international agency Oxfam.

Inequality between the richest and the rest in Malawi continues to rise, with poverty remaining extreme and endemic. This report presents a vision, roadmap and policy recommendations for a more inclusive, equitable and prosperous Malawi. It shows that inequality is not inevitable but the result of policy choices made by those with power.

“It’s deeply concerning that the number of forcibly displaced people has increased for the tenth year in a row to yet another record level. In addition to the violence, persecution, and hardship that these people are fleeing, many are now also facing the threat of the global coronavirus pandemic in overcrowded camps without enough clean water or health facilities", said Fionna Smyth, Oxfam’s Head of Humanitarian Campaigns, in response to the launch of the UNHCR’s annual Global Trends report today.

The economic fallout from the coronavirus pandemic could push half a billion more people into poverty unless urgent action is taken to bail out developing countries, said Oxfam today.

In most countries, land inequality is growing. Worse, new measures and analysis published in this synthesis report show that land inequality is significantly higher than previously reported. This trend directly threatens the livelihoods of an estimated 2.5 billion people worldwide involved in smallholder agriculture.

The chance of a successful Paris climate deal depends on rich countries showing they have kept their past commitments, especially the promise they made in Copenhagen to jointly mobilize $100bn of climate financing per year by 2020, warned Oxfam today.

Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is not being properly tracked due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C. 

Responding to German Chancellor Angela Merkel’s climate finance remarks made in Berlin today, Oxfam’s Climate Change Policy Advisor Jan Kowalzig said:“It’s refreshing to see Chancellor Merkel understanding how climate finance is key to securing success at the Paris COP in December. More rich countries must now follow her call to table a credible plan that ramps up climate support for developing nations, boosting the current US$35bn a year to an annual US$100bn by 2020.""But let’s be clear here - meeting the US$100bn target by 2020 would just be fulfilling a five year old…