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With the World Bank and International Monetary Fund Annual Meetings wrapping up, Nadia Daar, the head of Oxfam International’s Washington office commented on the week’s events, including developments on inequality, climate change, and tax policy. 

In response to the G8’s Accountability Report, which records the G8’s prog

The corporate grip on development finance must be loosened if the Finance for Development Conference is going to help mobilize the resources needed to overcome poverty. Oxfam issued this warning ahead of third Finance for Development Conference which is to be held in Addis, Ethiopia from 13 - 16 July.

Public services like health and education are one of the strongest weapons in the fight against inequality.

At the AU-EU Summit, African Union and European Union leaders will meet to discuss cooperation between the AU and the EU “based on shared interests and values.” The summit will take place during the French EU Presidency and the French government has indicated a high level of ambition in terms of outcomes.  

Growth is necessary but not sufficient to lift poor people out of poverty, international agency Oxfam said today as it published a briefing paper calling on the G20 to agree an historic new Seoul development consensus to help the world’s poorest.

The World Bank and the International Monetary Fund cannot allow political and economic shocks to hijack their ambitions to combat climate change and curb inequality, warned Oxfam.

In reaction to today’s UN 2023 Global Humanitarian Outlook report, revealing that 339 million people are in urgent need of humanitarian aid - the highest caseload in history -  Oxfam’s Global Humanitarian Director Marta Valdes Garcia said: “One in every 23 people around the world –the equivalent of nearly half of the entire population of Europe– is now in urgent need of humanitarian aid. This news must be an immediate wake-up call. 

Almost half of the world’s wealth is now owned by just one percent of the population, and seven out of ten people live in countries where economic inequality has increased in the last 30 years.

Energy security, climate change and the global economy were among the main topics the G7 leaders addressed during the