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The World Bank’s report shows clearly that billions of people were more vulnerable to the economic impacts of COVID-19 because of decades of economic policies which have kept them living one paycheck away from poverty, while the richest in society accumulate ever more wealth.

Oxfam's Senior Health Policy Advisor Dr Mohga Kamal Yanni said:

Responding to the World Bank's announcement at the UN MDG Summit in New York that it will increase its investment in basic education by an additional $750 million for countries off track on

Communities hit by climate-related disasters may have to wait even longer for help since negotiations at COP23 are failing to make meaningful progress on “loss and damage” finance. 

"The unprecedented global health crisis must be met with a vaccine plan that puts people ahead of the profits of big pharmaceutical companies," said Oxfam ahead of the Coronavirus Global Response Summit on Monday 4 May, which aims to raise $8 billion to develop vaccines, treatments and tests to help end the Covid-19 pandemic.

We are living through an unprecedented moment of multiple crises. Tens of millions more people are facing hunger. Hundreds of millions more face impossible rises in the cost of basic goods or heating their homes.

The European Commission’s new plan to boost the role of the private sector in development cooperation could put efforts to reduce poverty second to the interests of European companies, said leading

A declaration providing political support for the post-2015 education agenda, including goals to achieve universal pre-primary, primary and secondary education of good quality, has been endorsed by Education Ministers and officials from across the world.

Proposals to regulate a new multi-billion euro EU fund aimed at driving more private investment in development have just been agreed by the European Parliament, member states and the European Commission. But campaigners say although the proposed safeguards in the External Investment Plan are a step in the right direction, there is a risk that billions of euros of tax payers’ money will benefit big multinational corporations at the expense of the people in poverty that it is meant to support. Positive aspects of the…

“Keeping already insufficient aid at stagnating levels costs lives and is a moral failure. Again, rich countries have betrayed their promise to the world’s poorest people —a promise to end hunger, invest in life-saving public health systems, and expand education opportunities so nobody is left behind."