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A leaked European Commission document dispels earlier warnings that the fin

Latest Luxleaks documents show how change is desperately needed to combat tax dodging within the European Union.

In reaction to another draft of the climate change agreement unveiled on Thursday night in Paris, Oxfam Executive Director Helen Szoke said: “In a big win for developing and vulnerable countries, the draft has affirmed the need to set quantified funding goals for both climate change mitigation and adaptation for the years after 2020. This is a very encouraging development and we strongly urge negotiators to keep this in the final agreement. The only caveat is that no firm target for funds meant to help vulnerable people adapt to climate change has been identified.“The loss of…

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

A decade ago, the world’s countries agreed to a vision of what the common good looks like—the Sustainable Development Goals (SDGs)—and a plan to finance that vision—the Addis Ababa Action Agenda. Ten years later, the SDGs and the Addis Agenda are failing.

The world’s richest 1% increased their wealth by more than $33.9 trillion in real terms since 2015, reveals new Oxfam analysis ahead of the world’s largest development financing talks in a decade, in Seville, Spain. This is more than enough to eliminate annual poverty 22 times over at the World Bank’s highest poverty line of $8.30 a day. But about 60% of low-income countries remain in or at risk of debt distress.

European leaders meeting today to discuss ways of boosting economic growth should press ahead with plans for a financial transaction tax (FTT), Oxfam said.

Tens of thousands of lives at risk with money for vital services set to run out in 2-3 months

ActionAid, Christian Aid, Friends of the Earth, Greenpeace, Oxfam and WWF issued a statement saying the Doha talks were on the brink of disaster and that rich governments had 24 hours to urgently make a deal that reflects the scale of planetary emergency facing humanity.

NGOs call for the UN Security Council to urgently convene and pass a Resolution demanding an immediate and sustained ceasefire following yesterday’s UN Security Council meeting on the risk of conflict-induced famine in Gaza.