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The coronavirus pandemic is leaving a trail of devastation in low-income countries. This briefing aims to shine a light on the debt owed to private creditors by five African countries: Ghana, Kenya, Nigeria, Senegal and Zambia. It outlines the steps which the G20 needs to take immediately to avert further economic chaos. 

The European Union has failed to provide clarity about where the €7.2 billion [1] pledged at Copenhagen for immediate climate finance needs in developing countries will come from.

In reaction to today’s EU Environment Ministers’ biofuels debate, Marc-Olivier Herman, Oxfam’s EU Policy Advisor, said:

Some 40 percent of people in South Sudan are expected to be severely hungry by the end of July, a figure higher than ever before projected, according to the latest food analysis report for the African country.

Today, the European Court of Justice ruled that Luxembourg did not provide illegal state aid to Amazon through a tax deal.  The ruling overturns the 2017 decision from the European Commission ordering Amazon to pay back 250 million euros in unpaid taxes to the Grand Duchy.

The United Nations’ Adaptation Fund has announced today that Spain is offering €45 million ($60 million) for short-term climate change adaptation needs in developing countries.

As African leaders return home from the AU Summit, they must now take immediate action to implement the maternal and child health promises they have made here, a coalition of civil society organizations said today.

Monday’s UN World Food Summit in Rome (16-18th) could be a waste of time and money unless world leaders intervene now to salvage it. International agencies ActionAid and Oxfam say governments are at risk of throwing away a great chance to stop more than one billion people going hungry.

Poor countries are cutting back investment in farming, health service and services to help women because of fears about rising debts and the impact of the economic crisis, according to a new database launched today. 

Agencies fear recent improvements will be wiped out as the number of severely hungry people will rise by one million in first three months of 2015.