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Another year of increasingly extreme and destructive weather and new political momentum were not yet enough to boost the ambition of UN climate talks in Peru. The decisions made in Lima do not foreclose the possibility an agreement in Paris, but do little to improve the odds of success.

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week. 

Warring parties, international community and UN peacekeeping force must do more to protect civilians and aid agencies.

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 –  $200 billion more than the previous year - according to a new report by Oxfam.  

Oxfam’s new report, ‘The Inequality Virus’, reveals that the wealth of the ten richest men has increased by half a trillion dollars since the pandemic began - more than enough to pay for a vaccine for all and prevent anyone on Earth from falling into poverty because of the virus.  We have received lots of great questions about the report − here’s our answer to the 10 most frequently asked questions.

One in five people (282m) is now under-nourished and 93 million in 36 African countries are suffering extreme levels of hunger. Women and children are hit hardest. In Sub-Saharan Africa, one in three children under five is stunted by chronic undernutrition while two out of five women of childbearing age is anemic because of poor diets.

Rising inequality could set the fight against poverty back by decades, Oxfam warned today as it published a new report showing that the number of billionaires worldwide has more than doubled since the financial crisis. 

In response to IMF Chief Economist Gita Gopinath’s statement that the coronavirus pandemic will trigger the worst economic fallout since the Great Depression, Nadia Daar, Oxfam International’s Head of Washington DC Office said: "The IMF’s assessment is chilling. The human suffering behind those numbers is almost unimaginable. Oxfam’s research shows that coronavirus could push half a billion more people into poverty".

This briefing describes new research that shows how extreme carbon inequality in recent decades has brought the world to the climate brink. It sets out how governments must use this historic juncture to build fairer economies within the limits our planet can bear. 

Amongst the over 20 targets being discussed at the COP15 Biodiversity Summit is to set aside 30 percent of the world's lands and oceans for nature to protect biodiversity by 2030. However, states have so far failed to commit to protecting the rights of Indigenous Peoples and those of local communities living in these areas.