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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.

A fire that swept through Rohingya refugee camps of Cox’s Bazar, Bangladesh, on Sunday has left 12000 people homeless and in urgent need of shelter, water, sanitation, and medical services. Oxfam is mounting a response to provide immediate food and shelter to impacted people.  

In response to the publication of the Organization for Economic Cooperation and Development’s preliminary data on Official Development Assistance for 2024.

Today, the European Parliament adopted its position on the next EU long-term budget, the Multiannual Financial Framework. Its position called for an increased overall MFF budget, including for its external action, and supported proposals for EU own resources. In response, Hanna Saarinen, Oxfam EU Development Finance Policy Lead, said: “Today’s vote sent a clear signal to EU governments: Europe needs a bigger budget and new funding streams to back it up. 

In response to the conclusion of the First Conference on Transitioning Away from Fossil Fuels in Santa Marta, Colombia, Oxfam Climate Policy Lead Mariana Paoli said:

This research provides a clear and grounded vision for building the Gaza Strip anew in a way that is just, sustainable and within a unified national approach (One Palestine).

How is climate change affecting small-scale producers in developing countries, and what role can companies play in strengthening the capacity of these producers to adapt, and in doing so, m