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The world, and most of all, its poor people, desperately needs a fair and safe climate deal to be agreed at the UN talks in Copenhagen in December.

At least $18.5 trillion is hidden by wealthy individuals in tax havens worldwide, representing a loss of more than $156 billion in tax revenue, according to new figures published today by international agency Oxfam.

Land used to power European cars with biofuels for one year could produce enough wheat and maize to feed 127 million people. With the world’s poorest at greater risk of hunger as a result of spiraling food prices, the EU must rethink its dangerous love affair with biofuels.

The proposed EU climate law is a good framework for EU climate action over the next decades, Oxfam says. The Commission, national governments and the European Parliament now must enact the law and take swift and decisive action to drastically reduce climate-heating emissions.

We are in the midst of the single biggest attack in the world today on people’s identity, rights, livelihoods and security, as well as our environment. They cannot afford to lose this fight, nor can we.

Today's digital tax proposal could help bring EU tax rules into the 21st century, by updating them to the digital economy. However, the European Commission's short-term proposal will not stop tax dodging by big tech firms, and could delay the much-needed global long-term solution. 

The European Union’s suggestion today of global public financing worth €22-€50 billion per year for developing countries to tackle climate change falls short of what is needed.

As poor countries face the full impact of the economic crisis, European governments are falling short by nearly €40bn (USD$55m) on their aid promises and will not meet their 2010 aid target until 2012, a new report from CONCORD reveals.

If Europe were to rule out its support of biofuels by 2020, the region could lower its net imports of grain and oilseeds by up to 27 million tons, remarkably reducing its dependence on foreign goods. Global food prices could also drop significantly.

European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said: