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As the G7 leaders meet in Germany, crises of extreme inequality, unprecedented food and energy price inflation, accelerated by the war in Ukraine and the COVID-19 pandemic, are converging to create a catastrophe for the world’s poorest people.

Fifty of the world’s richest billionaires on average produce more carbon through their investments, private jets and yachts.

Research published by the International Consortium of Investigative Journalists today shows that multinational corporations are using the tax haven of Mauritius to avoid paying millions of dollars of tax across Africa.

International climate talks (in Bonn, Germany 1 – 12 June) must ensure that a climate finance proposal meets the needs of the world’s most vulnerable countries, and negotiations must move forward quickly if a global deal is to be secured in time to avoid a human catastrophe.

Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.

Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is not being properly tracked due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C. 

The World Trade Organization’s Doha Development Round was meant to rebalance decades of unfair rules in agriculture and address the needs of developing countries.

Since the turn of the century, the poorest half of the world’s population has received just 1% of the total increase in global wealth. Meanwhile, half the new wealth has gone to the richest 1%. To help reverse this trend, we need rapid growth of equitable business structures with purpose, fairness and sustainability embedded into their model.

Oxfam today gave a cautious welcome to the OECD's plans to open up its tax reform process to developing countries but said more fundamental global tax reforms, beyond BEPS, are still needed to stop corporate tax scandals. 

Today, Oxfam joined fifteen other leading civil society organizations to call for the right to education to be recognized and placed at the heart of the post-2015 development framework by member states of the United Nations.