Press releases

"This report shows world leaders are still failing to address the climate crisis —our planet is currently on track for a catastrophic global temperature rise of 2.5°C. Scientists are clear: it’s now or never to limit global warming to 1.5°C. Climate change is causing suffering across the world, and it will continue to do so. People are already being pushed from their homes, and are facing hunger and drought, floods, and other climate-induced disasters.”

On the eve of Climate Finance Day, an international finance event held annually in Paris, BNP Paribas – the number one financier of fossil fuel expansion in Europe and fifth in the world - was given three months to comply with the French duty of vigilance law. This legal action was taken by the NGOs Oxfam France, Friends of the Earth France and Notre Affaire à Tous. This is the first step towards an unprecedented climate litigation case - the first in the world to target a commercial bank for its high-risk activities in the oil and gas sector.

An average of 189 million people per year have been affected by extreme weather-related events in developing countries since 1991 – the year that a mechanism was first proposed to address the costs of climate impacts on low-income countries - according to a new report published today.

Many rich countries are using dishonest and misleading accounting to inflate their climate finance contributions to developing countries – in 2020 by as much as 225 percent, according to investigations by Oxfam.

One person is likely to die of hunger every 36 seconds between now and the end of the year in drought-stricken East Africa as the worst hit areas hurtle towards famine, Oxfam warned today.

Rich and poor countries alike have exacerbated an explosion of economic inequality since the outbreak of the pandemic from 2020, reveals new research by Oxfam and Development Finance International (DFI). 

Today, European finance ministers updated the EU tax haven list. The update includes the blacklisting of three additional countries (Anguilla, Bahamas and Turks and Caicos) and the complete delisting of two countries (Bermuda and Tunisia). 

As humanitarian and human rights organizations working in the occupied Palestinian Territory (oPt), we are deeply concerned about the prospects for the renewed EU-Israel Association Council.

Details of the World Bank’s climate finance flows to developing countries are being poorly disclosed and may be hiding discrepancies and allowing for dubious claims, according to a new report by Oxfam.

In response to the failure to extend the truce in Yemen, Ferran Puig, Oxfam Country Director in Yemen said: "The end of the truce is terrible news for the people of Yemen. Millions will now be at risk if air strikes, ground shelling and missile attacks resume."