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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.

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.

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. 

110 global civil society organizations from 40 countries have signed a letter to World Bank president Jim Kim asking him assist all people, especially the poorest and most vulnerable, to access health services.

EU governments are losing out on a staggering 286.5 billion euros in revenue annually, equivalent to 33 million euros per hour, due to their failure to fairly tax Europe’s wealthiest. This amount, equivalent to Finland’s GDP, represents what a European wealth tax of up to 5 percent could raise every year, according to Oxfam’s analysis. 

The combined wealth of EU billionaires increased by more than 400 billion euros in just six months this year – the equivalent of over two billion euros a day. That is according to Oxfam’s new report, “A European Agenda to Tax the Super-Rich” which comes ahead of EU Finance Ministers meeting to discuss ways to finance the EU’s budget.   

On the eve of President Biden’s global COVID-19 summit on the side-lines of the UN General Assembly, campaigners from the People’s Vaccine Alliance are calling for world leaders to go beyond empty promises of charity and deliver bold action to increase manufacturing and access to COVID-19 vaccines around the world.

Oxfam is a group of independent non-governmental organizations who have come together to share knowledge and resources and combine their efforts in the fight against poverty and injustice. By joining forces as a global confederation, we maximize efficiency, impact, and reach.

Today, Egala and Oxfam published a new report, “Brutal Barriers”, detailing the frightening and sometimes deadly journey of people trying to reach safety in Europe. Survivors’ testimonies reveal the violence inflicted by both Polish and Belarusian authorities on people seeking asylum as well as the treacherous conditions people face in crossing the swamplands of the primeval Białowieża forest.