Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam. This analysis comes ahead of informal… Continue reading A shortfall of $75 billion expected over a period of six-years affecting the most vulnerable nations
Author: Oxfam
Oxfam is a global movement of people who are fighting inequality to beat poverty together. Oxfam tackles the inequalities that make and keep people poor. They work to save and protect lives in times of crisis, work with people to build resilience and rebuild their livelihoods and, because Oxfam wants lasting solutions, and campaign for genuine, durable change.
New global index shows catastrophic failure to tackle inequality across countries
Norway tops index, United States flails at 26, South Sudan ranks last, majority of world’s countries are woefully unprepared for COVID-19 Very low spending on public healthcare, weak social safety nets and poor labour rights meant the majority of the world’s countries were woefully ill-equipped to deal with COVID-19, reveals new analysis from Oxfam and… Continue reading New global index shows catastrophic failure to tackle inequality across countries
Who are the Corporate Pandemic profiteers-Big names out there
Pharmaceutical and tech companies and wealthy white Americans benefit from dramatic pandemic profits, further exacerbating inequality While the United States faces the deepest economic downturn since the Great Depression because of COVID-19, a subset of corporations is reaping dramatic profits that are flowing to their already wealthy, mostly white male shareholders, further exacerbating existing inequalities,… Continue reading Who are the Corporate Pandemic profiteers-Big names out there