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The world’s six biggest fossil fuel corporations are expected to nearly double their combined net income in the second quarter of 2026, jumping from $23 billion in the previous quarter to $45 billion, reveals new Oxfam analysis ahead of their earnings announcements. New data also finds that the emissions of these corporations have significantly magnified the frequency and severity of heatwaves this century. 

Responding to the draft COP26 decision text, Tracy Carty, head of Oxfam’s COP26 delegation said: "This draft COP decision text is too weak. It fails to respond to the climate emergency being faced by millions of people now, who are living with unprecedented extreme weather and being pushed further into poverty."

Oxfam, together with Save the Children and CARE are calling for further emergency food assistance along with longer term livelihoods support to avert yet another crisis. 

Food and beverage industry giants improve policy commitments but they must turn them into action.

In reaction to today’s EU Environment Ministers’ biofuels debate, Marc-Olivier Herman, Oxfam’s EU Policy Advisor, said:

This research assesses the extent to which countries have advanced their commitments under the Sustainable Development Goals to ensure secure land rights for all. While some countries have allocated resources and strengthened land rights in an inclusive manner, most countries are yet to prioritize land rights in their national development agendas.

Oxfam has been part of the global Fair Trade movement since its inception. We believe the current trade system is far from just or sustainable. Trade justice offers an alternative approach: one that requires shared responsibility according to everyone’s capabilities and considers privileges, as well as systemic change in the economic, gender, climate and political realms.

International agency Oxfam and the Government of Ethiopia signed an agreement in partnership with Oxfam’s Liaison Office on the African Union in Addis Ababa. The agreement marks a new chapter in our relations with the AU.

The risk of waterborne disease outbreak is rising as the water and sanitation system across 11 districts in Bangladesh have been submerged or disrupted by recent floods, said Oxfam today.  

European Commission President Jose Manuel Barroso today threw his full support behind an EU Financial Transaction Tax (FTT) arguing that banks must make a '”contribution” back to society af