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Development finance institutions have not extended openness and transparency to high-risk projects financed through their financial intermediary clients. Oxfam has outlined a suggested framework, Open Books for High-Risk Financing, which proposes a set of principles to systematize and enhance disclosure in financial intermediary lending.

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

In the early hours of 6 February 2023, a 7.8 magnitude earthquake hit Türkiye (Turkey) and Syria. This was followed by another earthquake soon afterwards and there have been over 200 aftershocks since. Thousands have died and the number keeps rising while others remain trapped under rubble.

Oxfam responds to the latest food security analysis for South Sudan, saying it has grave concerns for the estimated 30,000 people experiencing extreme and dangerous hunger levels in war ravaged Unity state, where despite the peace deal fighting continues to cut people off from aid.

Today’s World Wealth Report from Capgemini shows that times have never been better for the world’s wealthiest - since 2009 more than 4.5 million new millionaires have been created, rising to a total of 15.4 million millionaires across the world last year. Yet while the wealthy prosper, 702 million people living in extreme poverty are being left behind.

Some of Europe’s biggest film stars came together to launch today a new short film Future News, directed by David Yates, which brings to light the enormous potential of a Robin Hood Tax.

Migrants, including children, at the French-Italian border have been illegally detained and pushed back to Italy by French border guards, testimonies gathered by a coalition of French NGOs, including Oxfam, show. THe organziations have submitted the accounts to a prosecutor in France who is looking into abuses of fundamental rights at the border with Italy.

Uganda is hosting the first Refugee Solidarity Summit on 22 and 23 June. Oxfam is calling on the international community to provide funds, humanitarian aid and, crucially, to pave the way for a peaceful resolution to conflicts in neighboring countries. 

A group of economists, activists, politicians and millionaires from seven countries across Europe today registered a ‘European Citizens’ Initiative’ (ECI) calling on the European Union (EU) to adopt a permanent annual wealth tax on Europe’s biggest fortunes to raise revenue to reduce poverty and inequality both at home and in poorer countries, and to tackle the climate crisis.

Oxfam warns that over six million people from farming families in Zambia are facing acute food shortages and malnutrition until next growing season, which is twelve months away, due to a severe drought, exacerbated by climate change and El Nino, which has caused massive crop failures for half of the nation’s “planted area”.