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Climate-related disasters have cost half a trillion dollars since world leaders last met to discuss climate change
Ban Ki-moon Climate Summit at risk of failing to help stop climate change making people hungry (New York, Sept 19): The cost of weather-related disasters in the five years since global leaders last met to discuss climate change is almost half a trillion dollars ($490 billion) – three times more than for the whole of…
FAO Hunger Report 2014: Global hunger falls, 805 million people still hungry
“Oxfam welcomes any fall in the number of hungry people. This is proof that we can make great strides in eradicating global hunger. But in a world of plenty, 805 million hungry people is still 805 million too many,” said Oxfam spokesperson Luca Chinotti. “Global hunger is still unacceptably high.” “The fight to end global…
Tax systems in Latin America and the Caribbean work for the benefit of the elites
While OECD countries reduce inequality by more than 35% through taxation and social spending, in Latin America and the Caribbean this reduction is less than 10%. The global development organization Oxfam calls on the governments of the region to take appropriate measures to maximise the redistributive impact of the tax system and increase social investment.…
World Bank Group’s billion dollar private sector health initiative in Africa is failing to reach the poor
A billion-dollar flagship scheme to support private sector-led health care in Africa is bypassing poor people and concentrating instead on high-end urban hospitals catering mainly for the rich. Oxfam says that the “Health in Africa” initiative, run by the International Finance Corporation’s (IFC) – the private sector arm of the World Bank Group – is…