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Big agricultural companies need a “gold standard” set of global rules to guide their investments after a new Oxfam report showing that even supposedly “responsible” deals can hurt poor farmers.

Responding to the United Nations Framework Convention on Climate Change’s (UNFCCC) updated NDC Synthesis Report, Oxfam France’s Advocacy Manager Armelle Le Comte said: “This confirms we are still dangerously off track from limiting global warming to the vital 1.5°C limit. The climate clock is ticking ever closer to midnight and COP26 now needs to be a planetary crisis meeting. Governments need to agree to revise their climate plans more regularly to get us back on track. Remedial action is desperately needed now —there is no later or better time."

In response to the Global Stocktake draft text released tonight, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “If this current text is adopted, COP28 will be a scandal that has failed us all. It is unimaginably bad.

Governments which have failed to pay their contributions to the Global Fund to Fight AIDS, Malaria and Tuberculosis are guilty of breaking their own promise to extend HIV treatment just months after they made it, Oxfam said today.

Today the European Commission outlined its stance on how to finance the new Sustainable Development Goals ahead of the international Financing for Development conference in Addis Ababa in July, deciding to pass responsibility onto other, including less-developed nations.

Winifred (Winnie) Byanyima, a grass-roots activist, human rights advocate, senior international public servant, and world recognized expert on women’s rights, has been appointed Executive Director of Oxfam International – a role that provides strategic direction and coordination for the worldwide confederation of Oxfam affiliates.

Multinational tax evasion is entrenching poverty and weakening developing country economies, Oxfam has warned ahead of the G20 leaders meeting in Russia to chart a plan for boosting global economic growth.

As the Earth Day Summit concluded, Oxfam applauded President Biden for convening world leaders in an effort to increase global climate ambition, lower emissions, and build resilience. However, more action is needed to avert dangerous climate change impacts that are already disproportionally harming those who are most vulnerable.

Commenting at the close of the EU council meeting where leaders agreed on a new EU 2030 climate target and discussed the EU’s response to the Covid-19 pandemic, Evelien van Roemburg, head of Oxfam’s EU advocacy office said: "The new, more ambitious, EU 2030 target still falls short of what is needed and what is fair. The EU must take urgent practical steps to deliver above and beyond this target."

Copenhagen was a unique opportunity to turn the world’s course away from climate disaster, towards a safe future for all of us on this small planet.