peru

Major European banks and investors are backing Glencore’s toxic mining activities in Colombia and Peru. This is according to a new report by Fair Finance International, Oxfam, CooperAcción, Cinep and Censat. The report reveals that nearly 50 percent of loans and underwriting to Glencore over the last six years came from European banks like UBS and Société Generale, amounting to 41.2 billion euro.  

Using land alone to remove the world’s carbon emissions to achieve ‘net zero’ by 2050 would require at least 1.6 billion hectares of new forests, equivalent to five times the size of India or more than all the farmland on the planet, reveals a new Oxfam report today.

Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020 as the Covid-19 pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report today.

The fortunes of Latin America’s 73 billionaires surged by $48.2 billion since the beginning of the pandemic even as the region buckles as one of the worst-hit regions in the world, said Oxfam today. 

This paper highlights the injustice faced by the Quechua and the wider region. It echoes their call for the government to grant them full title to their territories; to fulfill their rights to health, education and a development that respects their identity. 

Extractive industries present potentially large opportunities for developing countries. Oxfam has produced a detailed study of the political economy of decision making, with research conducted in Peru, Ghana, Senegal and Tanzania.

This report launches a Global Call to Action on Indigenous and Community Land Rights, backed by more than 300 organizations all over the world. It is a manifesto of solidarity with the ongoing struggles of indigenous peoples and local communities seeking to secure their land rights once and for all.

The UNFCCC report on climate finance says that between $340 and $650 billion in finance for climate action is flowing globally with $40-175 billion going to developing countries each year. This report on climate finance makes one thing abundantly clear: only a small proportion of climate finance is flowing from developed countries to developing countries.