Oxfam stunned Stockholm with a bold, guerrilla-style protest outside the Swedish Parliament. Eight life-sized mannequins, each representing a different party leader from Sweden’s eight parliamentary parties, stood with their heads buried in sand, symbolizing politicians’ refusal to address the growing poverty and inequality in the country. As the city awoke, the protest took politicians heading for the parliament by surprise. The sight of the “heads in the sand” drew attention from passersby and sparked impromptu debates among politicians, many of whom stopped to discuss the urgent issue of rising poverty.…
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A person from the richest 0.1% produces more carbon pollution in a day than someone in the bottom 50% produces all year
Ahead of the major international climate conference COP30 in Belem, Brazil, new Oxfam research finds that the high-carbon lifestyles of the super-rich are blowing through the world’s remaining carbon budget — the amount of CO2 that can be emitted while avoiding climate disaster. The research also details how billionaires are using their political and economic influence to keep humanity hooked on fossil fuels to maximize their private profit. The report, “Climate Plunder: How a powerful few are locking the world into disaster,” presents extensive new updated data and analysis which…
Read MoreA person from the richest 0.1% produces more carbon pollution in a day than someone in the bottom 50% produces all year
Released last month ahead of the major international climate conference COP30 in Belem, Brazil, new Oxfam research finds that the high-carbon lifestyles of the super-rich are blowing through the world’s remaining carbon budget — the amount of CO2 that can be emitted while avoiding climate disaster. The research also details how billionaires are using their political and economic influence to keep humanity hooked on fossil fuels to maximize their private profit. The report, “Climate Plunder: How a powerful few are locking the world into disaster,” presents extensive new updated data…
Read More25 years on from UN pledge, women’s rights organizations and peacebuilders get just 0.1% of aid as donors pour billions into arms
The same governments that pledged support in 2000 to the UN’s flagship resolution on “Women, Peace and Security” (WPS) have since spent 25 years paying it lip-service, according to a new Oxfam report that reviews its progress. The report entitled “Beyond Rhetoric” shows that while military spending has risen by $1.5 trillion in 84 countries in 2024, aid for gender equality and peace fell by 7.1%. Women’s organizations are now getting less than half a cent of every dollar of aid. Amina Hersi, Oxfam’s Head of Gender, Rights and Justice,…
Read MoreLargest US corporations spent nearly $1.6 trillion on shareholder payouts in 2024, triple the income of the poorest fifth of US households
A new Oxfam analysis out recently shows U.S. corporations in the S&P 500 spent three times more on stock buybacks and dividends in 2024— $1.572 trillion—than the estimated total income of the poorest 27 million U.S. households combined ($498 billion). Such payouts disproportionately enrich the wealthiest 1%, who own half of all stocks and mutual fund shares while the bottom 50% own just 1%. The CEOs of the five largest companies made an average of $52 million annually over the past five years—over 1,000 times more than the typical worker…
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