Press releases

The World Bank’s new assessment on the scale of finance needed to help developing countries adapt to the unavoidable impacts of climate change – $75-100bn per year on average from 2010-2050 – is a vital and timely contribution to the current climate negotiations under way in Bangkok.

Today the European Commission presented its flagship European Green Deal. Oxfam welcomes the ambition of the deal to make Europe the first climate neutral continent, and to transform itself into a sustainable circular economy. However, it is vital that the European Green Deal ensures revision of Europe’s climate targets for 2030 in time for next year’s UN climate summit.

Speaking on the second day of the United Nations Climate Change talks in Warsaw Kelly Dent, Oxfam’s spokesperson said;

Celine Charveriat, Oxfam advocacy and campaigns director said:

Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is not being properly tracked due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C. 

In reaction to the announcement that climate change legislation is delayed by the United States Senate, perhaps indefinitely, David Waskow of Oxfam, made the following statement:

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today. 

Only massive public pressure can rescue a climate deal, warned Oxfam today, as the Warsaw negotiations drew to a close after a fortnight of farce and fiasco.

As the US and China intensify discussions on climate change, Oxfam International urges EU countries to put aside national interests and step up their leadership role.

On the term “abatement” appearing in the final text regarding the phase out of fossil fuels, Oxfam International’s Climate Change Policy Lead Nafkote Dabi said: “Abatement linked to fossil fuel phase out is a gift served on a silver platter to the fossil fuel industry they will gladly seize to dodge any commitments. It is a dangerous trick that will have catastrophic impacts on communities who are already in a vulnerable position due to climate breakdown.