Oxfam calls for urgent action to close $27 trillion funding black hole faced by low-and-middle income countries

Low-and-middle income countries face a $27 trillion black hole – accumulating at around $3.9 trillion a year to 2030 –when it comes to meeting costs of climate-related loss and damages, adaptation, and mitigation measures, along with their health, education and social protection needs, new Oxfam analysis finds. Oxfam is calling for rich countries to borrow $11.5 trillion to fund an historic “climate debt swap” with poorer countries, in addition to finally honouring their aid commitments, of which they are in arrears to the tune of $6.5 trillion. Progressive wealth taxes…

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Constellation of stars set to dazzle in second-hand style at Oxfam’s London Fashion Week show

Supermodel Erin O’Connor, activist, model, author, broadcaster and British Vogue Contributing Editor, Munroe Bergdorf, and DJ Woody Cook are among the stars taking to the catwalk in Fashion Fighting Poverty 23, Oxfam’s London Fashion Week show on Thursday, 16 February at 6pm. Fashion Fighting Poverty 23, which will be held at the Vinyl Factory in Soho, is Oxfam’s third fashion show. It aims to well and truly overturn the narrative that second-hand is second best, as well as shining a light on the environmental importance of shopping pre-loved. Oxfam fashion…

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INGOs sign pledge for more equitable aid system by 2030

Some of the world’s biggest aid and development organisations have signed up to a far-reaching set of commitments to create closer partnerships with local and national organisations in a drive to shift more power, decision-making and money to the places worst affected by crisis and poverty. The agencies, which include CARE International, Christian Aid, Plan International, Save the Children International and Oxfam International, believe being “locally led and globally connected” will mean bigger, longer-lasting impacts on people’s lives. ‘Only through such partnerships will we remove any dependency on aid and…

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UK supermarkets making progress to tackle human suffering in global supply chains

Oxfam has published its fourth Behind the Barcodes scorecard showing a race to the top amongst supermarkets to improve on human rights for workers in their global supply chains. From new gender policies to commitments on living wages, Behind the Barcodes was launched in 2018 to help change the lives of the millions of people producing food for supermarkets who are trapped in poverty and working in brutal conditions. The campaign focuses on six of the UK’s biggest supermarkets – Asda, Aldi, Lidl, Morrisons, Sainsbury’s and Tesco – highlighting the…

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Carbon emissions of richest 1% set to be 30 times the 1.5°C limit in 2030

The carbon footprints of the richest 1 percent of people on Earth is set to be 30 times greater than the level compatible with the 1.5°C goal of the Paris Agreement in 2030, according to new research out today. It comes after delegates grapple with how to keep this goal alive at the COP26 meeting in Glasgow. In 2015, governments agreed to the goal of limiting global heating to 1.5°C above pre-industrial levels, but current pledges to reduce emissions fall far short of what is needed. To stay within this…

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