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Article

4 Sep 2016

Author:
Oxfam International

G20 needs to do more on inequality, climate and migration

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In response to the G20 Leaders’ meeting in Hangzhou, China, Oxfam’s Advocacy and Campaigns Director Steve Price-Thomas said: “The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”

On inequality and tax reform:

“The G20’s consensus on developing new global tax rules, and the progress in gaining cross-country agreement on sharing tax information, is good news.  But the BEPS project and the framework for its implementation will fall short of creating the fair and transparent system needed to tackle global tax avoidance…Developing countries lose at least $100 billion every year due to corporate tax dodging – money that could pay for a lot of schools and hospitals. For true tax reform, developing countries need to be equal decision-makers alongside the G20….”

On climate and fossil fuels:

“The urgency for action to curb emissions and help the poorest cope with climate change cannot be overstated. The fact that G20 nations are seeking the ratification of the Paris climate agreement should be a matter of course.

“Over 60 million people are facing crop failures and worsening hunger today because of erratic climate events and other climate-related weather events could further compromise crops and food security,” said Price-Thomas…

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