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Oxfam, together with civil society organizations, welcomes the World Bank’s International Finance Corporation (IFC) announcement that it will not resume its investments in K-12 private schools, following the release of an independent evaluation by the World Bank Independent Evaluation Group (IEG) on the IFC’s investments in this area.  

G20 Finance Ministers must support more fundamental reforms to the global tax system as part of their plans to deliver sustainable economic growth said Oxfam today.

Political leaders must put the interests of the people they represent over corporates and the super-rich if they are going to put a stop to tax scandals, like #ParadisePapers, said Oxfam today.Susana Ruiz, tax policy advisor for Oxfam, said:“Paradise Papers exposes our leaders’ feeble attempts to stop tax cheats. Politicians' tough talk has translated into weak reforms under pressure from big business and the super-rich.“Tax dodging fuels poverty and inequality. When the super-rich and…

 The huge influence which global corporations such as Nike and Apple have over government policy making is laid bare in the latest revelations from…

Rulings by the General Court of the European Union today are a wake-up call for the EU to stop the destructive race to the bottom on taxation and reform the global architecture to create a fairer and more equitable system, says Oxfam.

In response to calls for a waiver of Trade and Intellectual Property Rules (TRIPS) for COVID-19 vaccines, which is backed by more than 100 mostly developing countries, being blocked again at World Trade Organisation talks by rich countries, Oxfam’s Health Policy Manager, Anna Marriott, said:“This is a massive missed opportunity to speed up and scale up the production of lifesaving vaccines worldwide by waiving the intellectual property barriers that prevent more qualified manufacturers joining the effort.

The budget deal struck by EU governments, the European Parliament and the European Commission promises more funds for the EU’s external action, but diverts money from those most in need, warn development and humanitarian organizations.

G20 finance ministers in Lima today endorsed international tax reforms for tackling tax dodging launched by the Organization for Economic Cooperation and Development (OECD). While the measures are a tax milestone, they poorly represent the critical needs of developing countries, Oxfam warned today.

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today.