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Oxfam welcomes the action plan put forward today by the European Commission for the EU to catch up on its commitments towards the Millennium Development Goals. Member states must give their go-ahead at the EU summit in June.

Desmond Tutu and Mary Robinson delivered a global verdict on the human cost of climate change today. The judgment was passed at the world’s first international climate hearing during Humanitarian Day at the Copenhagen UN Climate Summit.

We work to ensure that decisions made at the World Bank Group (WBG), the International Monetary Fund (IMF), and other financial institutions prioritize people and the planet.

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

Political leaders have a historic opportunity to place human rights and humanitarian aims above self-interest and profit when final negotiations to regulate the global arms trade begin today at the United Nations, campaigners from across the world said.

The threat of “COVID famines” and widespread extreme hunger are setting off every alarm bell within the international community, but so far sluggish funding of the UN's appeal is hampering humanitarian agencies’ efforts to deliver urgent assistance to people in need.

The World Bank’s International Finance Corporation (IFC) has quietly divested from New Globe Schools, better known as Bridge International Academies (BIA), a for-profit school chain operating in four African countries and India. The IFC has invested $13.5 million in BIA since 2014, with the intention of supporting the company’s expansion to other countries.

Yemen is facing unprecedented rises in the price of food putting millions more people in danger of catastrophic hunger, Oxfam warned today.

Rich countries have broken their climate finance promises to a key grouping of eight highly vulnerable African countries. Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda – collectively called the IGAD region – have together received, on average, $1.7 billion annually, between 2013 to 2022, in “grant equivalents”, being the true value of climate support after interest and debt repayments.

The European Commission proposed today an EU-wide Financial Transaction Tax (FTT) to fund its next long-term budget (2014-2020) partly through own resources.