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We've reviewed and analyzed the G8 Communique from Day 1 of the Summit, and here's our take.

Brazilian President Luiz Inácio Lula da Silva, Spanish Prime Minister Pedro Sánchez, former South African President Thabo Mbeki, former Senegalese Prime Minister Aminata Touré, and economists Joseph Stiglitz, Jayati Ghosh and Gabriel Zucman today delivered a powerful and unequivocal message: the global oligarchy must be challenged through fair taxation of the super-rich. 

People around the world are trapped in a ‘toxic triangle’ made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up  global temperatures, putting 400 million people at risk of hunger and drought by 2060.  

The economies of the G7 nations could see an average loss of 8.5 percent annually by 2050 ―equivalent to $4.8 trillion― if leaders do not take more ambitious action to tackle climate change, according to Oxfam’s analysis of research by the Swiss Re Institute. Oxfam is calling on G7 leaders, who are meeting in the UK later this week, to cut carbon emissions more quickly and steeply.

A one-off 99 percent levy on billionaires’ wealth gains during the pandemic could pay for everyone on Earth to be vaccinated against COVID-19 and provide a $20,000 cash grant to all unemployed workers, according to new analysis released today by Oxfam, the Fight Inequality Alliance, the Institute for Policy Studies and the Patriotic Millionaires.

Women are at the heart of the food production systems. Yet, women food producers are held back by barriers that prevent them from feeding their families and reinvesting in their livelihoods. Oxfam together with indigenous women, farmers and women food producers convened and create a space to exchange knowledge, wisdom and a vision for a better, just and feminist food system. We demand a fair #feministfoodsystem that empower women food producers, indigenous people and small-scale farmers! #FeministPower  

New sources of climate finance must be found to curb the alarming shift in Official Development Assistance (ODA) to climate finance and to protect the development gains of recent decades.

In 2011, following decades of isolation, Myanmar embarked on an unprecedented reform process, raising hopes for a new democracy.

Climate change is already forcing people from their land and homes, and putting many more at risk of displacement in the future. This paper describes the effects on communities and how responding to these growing realities demands far stronger action towards ending global climate pollution.

Speaking at a press conference at the Rio+20 Summit, Barbara Stocking, Chief Executive, Oxfam GB said: