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Given the immense financing needs to achieve development goals —nearly $4 trillion annually— Oxfam supports a robust and generous IDA replenishment. But reaching a record dollar amount only makes a bigger IDA, when what is most needed is a better IDA. A better, more impactful IDA must minimize the cost of finance, but more importantly catalyze investments that reduce inequality. After all, funds like IDA remain so crucial in part because we have collectively failed to address extreme inequality within and between countries. 

This focused Human Rights Impact Assessment (HRIA) of SOK Corporation's Italian processed tomato supply chains is a pilot for the company's new approach to assessing human rights impacts in high risk supply chains that goes ‘beyond audits’.

We scored 16 of the biggest supermarkets in Europe and the US on how they tackle critical issues affecting the people working in their food supply chains. Overall, while some are doing better than others, all supermarkets lack sufficient policies to properly protect the people who produce our food.

Let us be clear: their behavior was and still is totally unacceptable – an appalling mark against the high values we set for ourselves at Oxfam.

This report assesses recent progress in realizing workers' rights in seafood supply chains originating in Southeast Asia and provides new evidence of ongoing workers' rights challenges in US and European supermarket shrimp supply chains beginning in Indonesia and Thailand.

Oxfam has continued its journey in changing its culture and improving its safeguarding of staff and the people with whom we work. In its latest report (Oct 2019-Mar 2020), Oxfam notes that the coronavirus crisis risks diverting people’s attention away from these important issues, so it has re-doubled efforts to keep its improvement plan on track while adapting its entire operations to respond as safely as possible to the pandemic.    

In response to the High-level Panel on Global Sustainability report presented to the UN Secretary General Ban Ki-moon in Addis Ababa today, Sarah Best of Oxfam said:

In response to the World Bank Group today issuing a statement announcing the discontinuation of its Doing Business report, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “It's a welcome move and about time the World Bank scrapped its Doing Business report, a global competitiveness index that encouraged governments to adopt destructive policies that worsen inequality, like slashing labor regulations and corporate taxes."

Today the European Commission outlined its stance on how to finance the new Sustainable Development Goals ahead of the international Financing for Development conference in Addis Ababa in July, deciding to pass responsibility onto other, including less-developed nations.

The European Court of Auditors' long-overdue report finally evaluates an important financing mechanism for development, but takes a purely financial perspective instead of looking at results delivered for beneficiaries.