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Negotiators at the UN climate talks have narrowly avoided a collapse, agreeing to the bare minimum deal possible.

EU Foreign Affairs Ministers meeting today in Luxembourg discussed how the EU could best support the lifting of the blockade on Gaza. Oxfam welcomes the discussion, but is disappointed that it failed to result in a concrete plan to end the blockade.

The World Bank’s new assessment on the scale of finance needed to help developing countries adapt to the unavoidable impacts of climate change – $75-100bn per year on average from 2010-2050 – is a vital and timely contribution to the current climate negotiations under way in Bangkok.

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Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population combined, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.

Rich countries must open the way to cheaper mass-produced COVID-19 vaccines in order to protect every person in the world and avert a $9 trillion “worst case” global economic catastrophe, said Oxfam today. They should also agree this week to inject $650 billion more into the global economy to help developing countries cope with the pandemic’s already devasting effects.

Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam today.

In reaction to the Government of India’s decision to refuse renewal of Oxfam India’s Foreign Contribution Regulation Act (FCRA) registration, Amitabh Behar, CEO of Oxfam India said: “The restriction will severely affect our ongoing crucial humanitarian and social work in 16 states across the country.

The criteria adopted by EU Finance Ministers for screening countries over tax abuse will be of little to no use in ending the era of tax havens.