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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…
Ebola one year on – Hearts and homes were key to breakthrough
The over emphasis on an almost exclusive medical approach at the start of the Ebola crisis hampered progress against the disease, according to Oxfam. The international agency said governments and aid agencies, including Oxfam, got the balance wrong in the early stages of the Ebola response and should have devoted more effort to community engagement…