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As climate negotiations in Tianjin, China, closed today, international development agency Oxfam said the outline of an agreement on a set of decisions at the Cancun summit in December are beginning to appear, but governments will need to work with real urgency to achieve real progress this year.

As the G8 Summit comes to a close, international agency Oxfam criticized the leaders for their failure to deliver on their promises and for trying to divert attention by cobbling together a small initiative for maternal and child health.

The UK government has made a good start in committing more than £30m ($38m). But it can and should do much more to help the people of Pakistan. This is a disaster on an unprecedented scale which needs an equally robust response.

Miniature climate migration camps set up in European capitals to remind EU leaders what is at stake in their climate talks this week.

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 fortunes of Latin America’s 73 billionaires surged by $48.2 billion since the beginning of the pandemic even as the region buckles as one of the worst-hit regions in the world, said Oxfam today. 

Fifty of the world’s richest billionaires on average produce more carbon through their investments, private jets and yachts.

Women and girls across Ukraine are suffering the impacts of the war. With the escalated attacks on civilian infrastructure including energy infrastructure, access to essential services has become more difficult.

The gap between the rich and the rest is extreme and growing. G20 nations are not immune.

We need to transform our economies to deliver universal health, education and other public services. To make this possible, the richest people and corporations should pay their fair share of tax. This will drive a dramatic reduction in the gap between rich and poor and between women and men.