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Wealthy nations representing just 13 percent of the world’s population have already cornered more than half (51 percent) of the promised doses of leading COVID-19 vaccine candidates, Oxfam warned today as the health and finance ministers of G20 countries meet to discuss the global pandemic. 

The investments of just 125 billionaires emit 393 million tonnes of CO2e each year – the equivalent of France – at an individual annual average that is a million times higher than someone in the bottom 90 percent of humanity.

Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.

As political leaders gather for the World Economic Forum Annual Meeting in Davos, Switzerland, millionaires from around the world say elected representatives must tackle the existential global crisis posed by extreme wealth, by taxing the super-rich. 

The world’s six biggest fossil fuel corporations are expected to nearly double their combined net income in the second quarter of 2026, jumping from $23 billion in the previous quarter to $45 billion, reveals new Oxfam analysis ahead of their earnings announcements. New data also finds that the emissions of these corporations have significantly magnified the frequency and severity of heatwaves this century. 

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

This paper looks at donor contributions to the 2020 Yemen Humanitarian Response Plan to date. Using a methodology based on the relative global share of Gross National Income for high-income countries, it examines whether these countries are doing their ‘fair share’ in funding the response to the crisis in Yemen.

The ability of small-scale farmers to earn a living income is critical to ensure their viability and economic success. This paper argues that closing the living income gap for small-scale farmers requires tackling the underlying imbalance in risk and market power that many of them face when engaging in global food value chains.

Luc Lamprière, spokesperson for Oxfam said:

Commenting on the Powering Past Coal Alliance co-launched by the United Kingdom at COP 23 in Bonn, Tracy Carty, senior policy advisor at Oxfam GB said:"The UK pioneered coal powered electricity 150 years ago, and today it is leading a global charge to end its use. The 20-plus governments that today committed to be part of the alliance to phase out coal represents real and tangible progress in the fight against climate change.…