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Today’s report from UBS and PwC revealed that the global billionaires club gained 50 more members in 2015 - at a time when 767 million people are living in extreme poverty. This huge gap between rich and poor is bad news for economic growth, the fight against poverty, social stability and democracy.  

Oxfam is providing over 186,000 flood-hit people with clean drinking water, food supplies, emergency shelter, hygiene kits, and other essentials.

In 2009, high-income countries committed in the Copenhagen Accords to mobilize US$100 billion a year by 2020 in climate finance for low- and middle-income countries. Oxfam reported on the progress of this commitment in 2016, 2018 and 2020. This year’s report finds that high-income countries have not only failed to deliver on their commitment, but also – as in previous years – generous accounting practices have allowed them to overstate the level of support they have actually provided.

Responding to the attack that took place in Kramatorsk on the evening of Thursday 27 June which resulted in the killing of at least 11 people, including three children, and a continuing search for survivors, Nicola Bay, Organizational Lead for Oxfam’s Ukraine response said: “Oxfam strongly condemns this attack. Innocent civilians, including children, should not pay the price for this war."   

As 2020 draws to a close, the economic devastation caused by the COVID-19 pandemic shows no sign of abating. Our analysis shows that none of the social protection support to those who are unemployed, elderly people, children and families provided in low- and middle-income countries has been adequate to meet basic needs.

In response to today’s news of a truce between the Ethiopian federal government and the TPLF, Gezahegn Gebrehana, Oxfam in Ethiopia Country Director, said: "Oxfam welcomes the cessation of hostilities agreed to by the government of Ethiopia and the TPLF. Over the past 17 months, civilians in Northern Ethiopia have borne the brunt of the fighting and continue to suffer from a severe lack of food, water, and safe spaces."

2023 could be a turning point. A year when the world emerges from unprecedented crises, and governments deliver progressive reforms that build a brighter future for all, and for the planet. But despite the dire economic situation facing the poorest countries today, and much political discussion of the trillions needed to tackle poverty, inequality and climate change, there is no indication that rich countries are willing to pay the true price of a fair and sustainable future. 

We are living through an unprecedented moment of multiple crises. Tens of millions more people are facing hunger. Hundreds of millions more face impossible rises in the cost of basic goods or heating their homes.

Oxfam condemns in the strongest terms the killing of four workers from our strategic partner the Coastal Municipalities Water Utility (CMWU) in Gaza today.