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Inequality is spiralling out of control, but consensus on how to address it is gathering pace. Following on from the success of last year’s symposium about Africa’s extractives industry and illicit financial flows, Oxfam and the University of Oxford are coming together again to examine the causes and consequences of uneven economic growth and rising inequality in the global South, while assessing policy solutions and charting a way forward for equity, democracy and social stability.

The highly successful fight against global poverty is being lost badly in one critical area – people’s minds. A new global survey reveals that 87% of people around the world believe that global poverty has either stayed the same or gotten worse over the past 20 years, when the exact opposite is true.

On the eve of the Earth Day Summit, Oxfam is calling for President Biden and world leaders attending the virtual summit to urgently ramp up ambition to tackle the climate crisis.

An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned today in a briefing published ahead of the World Economic Forum in Davos next week.

Energy security, climate change and the global economy were among the main topics the G7 leaders addressed during the

Halfway through the Cancun climate talks, negotiators have an opportunity to make real progress on a fair global climate fund and climate finance, said Mary Robinson, former President of Ireland and Honorary President of Oxfam.

In July 2014, a new multilateral and southern-led development bank is expected to be launched by the leaders of Brazil, Russia, India, China and South Africa – better known as the BRICS.

In reaction to the publicaiton today of the FAO’s “State of Food Insecurity and Nutrition in the World 2023” report, stating that up to 783 million people faced hunger in 2022, and that 600 million persons will be chronically undernourished in 2030, Hanna Saarinen, Oxfam International Food Policy Lead said:  “It is unforgivable for governments to watch millions of people going hungry in a world of plenty, as they put the interests of mega-rich agribusinesses and energy companies before those of the most vulnerable people and widen the inequality gap.  

In reaction to the UNFCCC NDC Synthesis report launched today, Oxfam's Global Climate Policy Lead, Nafkote Dabi, said: “Today’s report findings are appalling. The combined climate plans submitted account to a dismal 1% emissions reduction, far below the 45% reduction needed to limit global warming below 1.5 degrees, and avoid disastrous impacts on vulnerable communities."  

We support the call for a rebalance of power in the governance of global tax issues.