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Oxfam spokesperson Pamela Gomez said: "Governance reform at the International Monetary Fund is long overdue.

"We can't settle for what the World Bank has committed to so far ―now is the time to build momentum and raise ambition of all members, proving the bank's value as a leader on such urgent global issues," said Nadia Daar, Oxfam International's Head of Washington DC Office, in reaction to new World Bank president David Malpass’ press conference.

Cutting development aid costs lives, and it will exacerbate poverty, inequality and instability across the globe, said Oxfam today in response to the publication of new aid figures by the Organisation for Economic Cooperation and Development (OECD).

Russia’s absence from the G7 summit is a stark warning to Europe that political turmoil on its doorstep risks an energy price crisis, at the same time as the effects of climate change on food imports could drive up costs.

On the eve of the Earth Day Summit, Oxfam is calling for President Biden and world leaders attending the virtual summit to urgently ramp up ambition to tackle the climate crisis.

A European tax on financial transactions would be fair, practical and popular and could raise as much as €210 billion to tackle poverty and climate change, according to Oxfam's new report.

40 former Heads of State and Government are calling for “a new economic coalition of the willing” to urgently tackle inequality in a joint letter released ahead of the Fourth International Conference on Financing for Development in Seville.

Current levels of aid from rich countries are woefully inadequate to help developing countries face the coronavirus crisis, said Oxfam today in response to new OECD aid figures for 2019.

The richest 10 percent of Europeans produced as much carbon pollution in 2019 as half of Europe’s poorest population, Oxfam reveals today. These findings, based on Oxfam’s new report “Climate Equality: A Planet for the 99%”, come ahead of the UN climate summit in Dubai and amid growing fears that the 1.5°C target for curtailing rising temperatures appears increasingly unachievable. 

Two-thirds of countries are yet to meet the target of vaccinating 70 percent of people in all countries against COVID-19 set a year ago at the UN General Assembly, according to figures published today by Oxfam and The People’s Vaccine Alliance.