Press releases

Through analysing climate finance provided to 37 fragile and conflict affected states (FCAS) in 2019-20, we find that the scale of finance going to these contexts is far below
what is needed, at an average of 13.64 USD per person per year, and much of it is of poor quality. Despite being responsible for a small proportion of emissions, in 2019-20, over half of the climate finance for FCAS came in the form of debt-creating instruments such as loans, and almost one-tenth was provided as non-concessional loans.

Global climate finance levels are woefully insufficient to keep warming below 1.5°C or protect people from the devastating impacts of climate breakdown —and this gap is particularly evident in countries mired in conflict or that are unable to provide basic services for their communities. 

In response to the launch by France and Kenya of an international taxation taskforce at COP28 to push for new levies to raise further money for climate action, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “While the will to move the international tax agenda towards raising critical new funds for countries most affected by the climate crisis is welcome, the proposals being put on the table fall far short of what is needed. Taxing excess profits and the obscene wealth in the hands of the top 1% should be at the core of this initiative. That’s where the money is —and this is what is needed to help stop the runaway inequality that is fueling climate breakdown."

Reacting to news today that the humanitarian pause agreed between the Government of Israel and Hamas has ended, with renewed hostilities, Oxfam Humanitarian Director Marta Valdes Garcia said: “While Oxfam welcomes the release of Israeli and foreign national hostages back to their families during the pause, and the reuniting of Palestinian prisoners and detainees in return, more still remain in captivity. 

In response to the COP28 decision to advance the establishment of a loss and damage fund, Lyndsay Walsh, Oxfam’s Climate Policy Advisor, said: “After 32 years of pressure and 27 COPs, we finally have a loss and damage fund. Despite the shortcomings in its structure, this is a very welcome step towards supporting people recovering from the severe and irreparable consequences of climate-fueled disasters. However, this isn’t the end of the journey."

On the International Day of Solidarity with the Palestinian People, a call for a permanent and immediate ceasefire was projected at Mont des Arts in Brussels. This visual statement, projected in Europe’s capital, underscores the critical need for a permanent ceasefire to end the suffering in Gaza, where, in 54 days alone, more than 14 800 Palestinians (70% of them women and children) have been reported killed and more than 36,000 injured amid intensifying hostilities. 

The collapse of Gaza’s hospitals and healthcare system, coupled with the catastrophic living conditions, is resulting in babies dying of preventable causes, Oxfam warned today.  Newborns up to three months old are dying of diarrhoea, hypothermia, dehydration and infection as mothers have little to no medical support and are living in appalling conditions without water, sanitation, heat or food.  

In response to the announcement of the release of hostages and prisoners, and of the four-day humanitarian pause to escalated hostilities in Gaza, agreed today between Hamas and the Government of Israel, Oxfam’s Humanitarian Director, Marta Valdez Garcia, said: “We welcome that fact that a number of the Israeli and foreign national hostages will be released. This deal allows much-needed time for families on both sides to be reunited, celebrate the safe return of their loved ones, and mourn those they have lost. It would be optimistic to see this as the beginning of a road toward a permanent ceasefire – but that looks distant.  

The El Niño-induced heavy rains and flash flooding killed 130 people in Ethiopia, Kenya and Somalia, while the region is still reeling from one of the most severe droughts in 40 years. Despite the pressing needs, funding to tackle the increasing humanitarian crises in 2023 in the three countries have fallen significantly short by $4.1 billion since in 2023 alone.

The richest 10 percent of Europeans produced as much carbon pollution in 2019 as half of Europe’s poorest population, Oxfam reveals today. These findings, based on Oxfam’s new report “Climate Equality: A Planet for the 99%”, come ahead of the UN climate summit in Dubai and amid growing fears that the 1.5°C target for curtailing rising temperatures appears increasingly unachievable.