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An Oxfam analysis of policies and public investments in six countries shows that women farmers are not getting the resources they need to feed their families and communities and adapt to climate change.

At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.

Oxfam commended the World Bank for connecting the need to tackle climate change with the urgent fight to end poverty. In a new report, the Bank warned that more than 100 million additional people could be pushed into poverty by crop failures, floods, hunger, and other shocks caused by climate change. 

In “Powering the Transition,” Oxfam details how together, the World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank are investing almost $5 billion in fossil fuels in the 10 Asian countries that belong to the Climate Vulnerable Forum.

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today. 

If Europe were to rule out its support of biofuels by 2020, the region could lower its net imports of grain and oilseeds by up to 27 million tons, remarkably reducing its dependence on foreign goods. Global food prices could also drop significantly.

The “Global Report on Food Crises”, released today by the Food Security Information Network, says that more than 113 million people across 53 countries experienced acute hunger and required urgent food, nutrition and livelihoods assistance in 2018. This is a human-made crisis caused by conflict, climate change, and a broken global food system, says Oxfam France’s Executive Director Cécile Duflot.

This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.

Malnutrition is up and the huge number of people suffering from chronic hunger has remained virtually the same as last year. That’s according to new Food and Agriculture Organization findings, as presented at the 43rd annual session of the Committee on World Food Security in Rome this week, which Oxfam is deeply concerned about.Thierry Kesteloot, Oxfam’s food security expert, said:"Progress against ending worldwide hunger is starting to flat-line, and could even backslide if world leaders ease up their efforts. With malnutrition up and 793 million people suffering from…

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.