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The $8.42 trillion promised by rich country governments to bailout banks would be enough to end global extreme poverty for 50 years and a massive step towards ending it forever.

In response to the conclusion of the First Conference on Transitioning Away from Fossil Fuels in Santa Marta, Colombia, Oxfam Climate Policy Lead Mariana Paoli said:

G20 world leaders have failed to take definitive action to tackle poverty, hunger, climate, debt and deprivation that is crippling millions of people around the world, says Oxfam.

Six of the biggest fossil fuel companies are projected to earn $2,967 a second in profits in 2026, new Oxfam research finds, ahead of the first global conference this week on Transitioning Away from Fossil Fuels in Santa Marta, Colombia.

This year’s theme is “compassion” – a vital emotion - that allows human beings to stand in solidarity with one another regardless of color, race, gender, religion or nationality. Compassion breeds solidarity and this is the better side of our collective humanity. With it we see people’s suffering, demonstrate concern, lend a welcoming kind word, and open our hearts and even homes to refugees.

Today, the EU chose fuel over food in the provisional agreement reached on the Renewable Energy Directive (RED), the EU law that incentivises the burning of crops to fuel cars and trucks.

The threat of “COVID famines” and widespread extreme hunger are setting off every alarm bell within the international community, but so far sluggish funding of the UN's appeal is hampering humanitarian agencies’ efforts to deliver urgent assistance to people in need.

The World Bank today announced that 52 donor countries have committed to an $82 billion package for the 19th replenishment of the International Development Association (IDA19), the Bank’s fund for the world’s poorest countries.

Tens of thousands of lives at risk with money for vital services set to run out in 2-3 months

Women in Nepal are living in fear of abuse because of the lack of privacy and security afforded by temporary shelters, Oxfam said today.