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As poor countries face the full impact of the economic crisis, European governments are falling short by nearly €40bn (USD$55m) on their aid promises and will not meet their 2010 aid target until 2012, a new report from CONCORD reveals.

Nadia Daar, head of Oxfam's Washington DC office, responds to the International Monetary Fund's announcement today that it has selected Kristalina Georgieva as the next managing director.

This paper examines current and planned IFI energy sector support in Asian climate-vulnerable countries. It shows how this is not yet fit for purpose, and recommends how IFIs can intervene at this critical juncture to give governments the confidence to accelerate the transition to renewable energy for all.

 

In reaction to the European Parliament's plenary vote on the Financial Transaction Tax, Nicolas Mombrial, Oxfam’s EU Policy Adviser said:

International agency Oxfam today flew out a seven strong team of experts to Iraq to set up an aid program to help thousands of people forced to flee their homes in recent days.

Reacting to discussions on the Ebola response at the World Health Assembly, Oxfam’s senior health policy advisor Mohga Kamal-Yanni said: “Broken health systems need fixing and it takes more than words to make this happen. Now is the time for world leaders to take action if they hope to prevent another health crisis from devastating people’s lives."

The 2017 Nobel Peace Prize goes to the International Campaign for the Abolition of Nuclear Weapons (ICAN) for its outstanding contribution to efforts in reducing the threat of nuclear war. 

Patients living in poverty in the Global South are being bankrupted by private healthcare corporations backed by multi-million-dollar investments from development finance institutions (DFIs) run by the UK, French, German and other rich country governments. DFIs like the World Bank’s International Finance Corporation (IFC) and the European Investment Bank (EIB) invest public funds via the private sector to help foster economic development in the Global South and tackle poverty. However, Oxfam published two investigations on DFI funding into private hospital chains and other for-profit healthcare corporations operating in low- and middle-income countries and found cases of them.   

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.