Wealth of five richest men doubles since 2020 as five billion people made poorer in ‘decade of division’
Report / 15th January 2024The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer.
Developed countries not doing their fair share in tackling climate crisis, new report shows
Report / 11th December 2023In a collective effort to address the pressing challenges of climate change, a global coalition of civil society organizations have published a new review of whether countries are doing their fair share to tackle the climate crisis.
Richest 1% emit as much planet-heating pollution as two-thirds of humanity
Report / 1st December 2023The richest 1 percent of the world’s population produced as much carbon pollution in 2019 than the five billion people who made up the poorest two-thirds of humanity, reveals a new Oxfam report.
African countries grapple with 50 years of IMF austerity
Report / 12th October 2023ActionAid’s latest report, ‘Fifty Years of Failure: the IMF, Debt, and Austerity in Africa,’ sheds light on the ongoing challenges African countries face due to the International Monetary Fund’s (IMF) austerity policies, writes Winston Mwale.
Rich nations have delivered mere ‘pittance’ to help East Africa tackle climate crisis: Oxfam
Report / 5th September 2023As the first-ever Africa Climate Summit kicked off in Nairobi, Kenya, an analysis by Oxfam found that rich nations have delivered just a small fraction of the aid that East African nations say they need to meet their climate goals.