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Today’s indication by BRICS leaders that they will keep working towards a ‘BRICS Development Bank’ leaves many details still to be settled.

The United States Congress has failed to adopt funding measures for the International Monetary Fund (IMF), thwarting quota and governance reforms that were agreed by the majority of the Fund’s memb

Commenting on the Powering Past Coal Alliance co-launched by the United Kingdom at COP 23 in Bonn, Tracy Carty, senior policy advisor at Oxfam GB said:"The UK pioneered coal powered electricity 150 years ago, and today it is leading a global charge to end its use. The 20-plus governments that today committed to be part of the alliance to phase out coal represents real and tangible progress in the fight against climate change.…

Reaction to the launch of a new initiative to help developing countries access a coronavirus vaccine at the Global Vaccine Summit today.

As Vietnam graduates from IDA, the World Bank’s concessional finance window, there will be a major change in the types of development finance the country can access. Oxfam is concerned about what this changing financial landscape might mean for Vietnam’s fight against poverty, inequality, and gender inequality.

This G20 summit delivers a vital pick-me-up for poor countries struggling to survive the economic crisis but much more is needed to ensure their long-term recovery.

The G20, the preeminent global economic decision making body, has thrown its political weight behind the commitment to shared growth and narrowing the development gap through its Seoul Deve

Leading NGOs call on EU leaders to protect EU development aid against short-sighted cuts ahead of this week’s special EU Budget summit.

European aid to poor countries is stalling two years ahead of the UN Millennium Development Goals deadline, with aid cut or stagnant in 19 member states, reveals the new Concord AidWatch report.

People in low and lower-middle income countries were five times more likely to be forced from their homes by “sudden-onset” weather disasters, like floods and storms, than people in richer countries.