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Canada foreign aid budget at record low, spends less than 2% on gender equality and women’s rights
Canada’s spending on aid is now at a record low. Canada continues to spend less than 2% of its aid budget on programs that are specifically designed to advance gender equality and women’s empowerment, far below the OECD donor average.
Billions in “out of control” IFC investments into third-parties causing human rights abuses around the world
The International Finance Corporation has little accountability for billions of dollars’ worth of investments into banks, hedge funds and other financial intermediaries, resulting in projects that are causing human rights abuses around the world. The claim is part of a new report by Oxfam International and other NGOs, released a week before the World Bank Spring…
Oxfam’s reaction to humanitarian pledging conference for Syria
Andy Baker who leads Oxfam’s response to the Syria crisis said: “While some donors have been generous in Kuwait, the total aid pledged is less than half the amount needed this year to help people in desperate humanitarian need." "Unless more donor countries massively step up in the wake of the conference, the increasing numbers…
International appeals for Syria crisis less than 10% funded
Aid agencies estimate that $8.7 billion is needed in 2015 to support 18 million people in Syria and neighbouring countries, the equivalent of approximately one US dollar per person per day. Based on the scale of wealthy country economies, Oxfam has determined an equitable share for each donor state. So far, for 2015, only the…