
Military spending soared in dozens of countries last year, while funding for global equality, conflict, peace and security aid fell by 7 per cent, a new report from Oxfam has warned.
In a report published jointly with Researchers Without Borders, the charities highlighted how funding for women-led organisations and to support LGBT+ communities was taking an outsized hit as aid cuts start to mount – with significantly more coming through from this year onwards. The report says that women’s organisations are now getting less than one per cent of every dollar of aid funding worldwide.