An oxidation catalyst for treating an exhaust gas produced by a diesel engine comprises a catalytic region and a substrate, wherein the catalytic region comprises a catalytic material comprising: bismuth (Bi) or an oxide thereof; a Group 8 metal or an oxide thereof; a platinum group metal (PGM) selected from the group consisting of (i) platinum (Pt), (ii) palladium (Pd) and (iii) platinum (Pt) and palladium (Pd); and a support material, which comprises alumina, silica, a mixed oxide of alumina and a refractory oxide, a mixed oxide of silica and a refractory oxide, a composite oxide of alumina and a refractory oxide, a composite oxide of silica and a refractory oxide, alumina doped with a refractory oxide or silica doped with a refractory oxide.