EU

Ireland will assume the Presidency of the Council of the European Union at a moment of profound consequence, as citizens across the world face escalating conflict, the climate crisis, geopolitical uncertainty and threats to democracy itself. The Presidency comes at a particularly important time as the EU advances negotiations on the next Multiannual Financial Framework (MFF), the future Global Europe instrument, the Tax Omnibus, implementation of the Migration Pact, the EU Humanitarian Communication, and key climate and digital policy files.  

This briefing sets out Oxfam’s recommendations for the Irish Presidency. It includes recommendations on key priorities under Ireland’s mandate while also addressing deeper structural challenges shaping the EU’s global role. 

New Oxfam, Fair Finance International and 11.11.11. report exposes how Europe’s banks and investors are blindly investing in mining companies linked to land grabs, pollution and human rights violations. This comes ahead of the EU’s Raw Materials Week.  

Europe’s wealthiest are driving the bloc’s emissions while ordinary Europeans make the steepest cuts.

As the EU scales back its climate ambition, new Oxfam research reveals the stark carbon inequality in the EU: Europe’s wealthiest are increasing their emissions, while ordinary Europeans have made the biggest cuts. The report highlights three key findings: Europe’s wealthiest are burning through our climate budget: the richest 10% of Europeans produce as much carbon as the bottom 50% combined. Carbon cuts are driven by ordinary Europeans, while Europe’s elite keep polluting: emissions have fallen. The bottom 50% of Europeans reduced their emissions by 27%, while the richest 0.1% increased theirs by 14%. To stay on the 1.5°C pathway, the EU must tackle the excessive emissions of Europe’s richest: everyone must cut their emissions, but the richest must go much further. The research shows that, to stay within the 1.5°C limit, the bottom 50% would need to cut their emissions in half, the top 10% by 90%, the top 1% by 97%, and the top 0.1% by 99%. 2024 was the first year that average global temperatures exceeded 1.5°C above pre-industrial levels. Yet, since the European elections, the EU has scaled back its climate ambitions, failing to submit its climate plan before the COP30 deadline and watering down climate legislation in the name of simplification. Oxfam calls on the EU to ramp up its ambition for emission reduction, with measures aimed at Europe’s wealthiest, to avoid a climate catastrophe and reduce climate inequality.

The combined wealth of EU billionaires increased by more than 400 billion euros in just six months this year – the equivalent of over two billion euros a day. That is according to Oxfam’s new report, “A European Agenda to Tax the Super-Rich” which comes ahead of EU Finance Ministers meeting to discuss ways to finance the EU’s budget.   

Responding to the EU’s proposed reform of pharmaceutical regulations, Piotr Kolczyński, EU Health Policy Advisor at Oxfam and the People’s Vaccine Alliance, said: "Reducing the exclusivity of data is a step towards improving access to medicines within Europe, but it is total hypocrisy for the EU to protect the right to health in their own borders while undermining it elsewhere. 

Europe currently wastes land the size of Ireland on crops for biofuels which is an obstacle to tackling the climate crisis and food security, a new study shows. The study commissioned by T&E shows that this land could be used to feed 120 million people or, if given back to nature, could absorb twice as much CO2 as is supposedly saved by powering cars with biofuels. Using an area equivalent to just 2.5% of this land for solar panels would produce the same amount of energy.

The European Commission has launched an infringement procedure against Greece about how they treat people arriving in Europe to seek asylum and the asylum process. This could result in the Commission taking Greece to court. Oxfam has been advocating for this for years due to Greece's systematic breaches of EU asylum law. This includes launching a joint legal complaint with other human rights groups.

Today, European justice ministers agreed on a proposal for a law to make companies accountable for the damage they cause to people and the planet.

Today, EU finance ministers agreed on the reform of the mandate of the Code of Conduct Group, the body within the Council of the EU that assesses harmful tax regimes and is responsible for the EU tax haven list. This reform updated the definition of harmful tax regimes in EU countries. No progress was made on updating the criteria for the EU tax haven list.