Press releases

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. 

As climate talks in Germany wrap up, both poor and rich nations increasingly recognize that fixing the climate change adaptation funding gap, one of the biggest holes in the Paris Agreement, will be a major challenge at the next United Nations conference in Morocco.
 

We have said we stand in solidarity with the millions impacted by Typhoon Haiyan, and with all climate impacted people. Our solidarity compels us to tell the truth about COP 19 and to voluntarily withdraw from the Warsaw climate talks.

Rich polluting countries such as Australia, Canada, the Netherlands and the US are short-changing poor countries by billions of dollars that they need to cut emissions and adapt to the climate crisis, says Oxfam. The two-day pledging conference to the Green Climate Fund begins in Paris today.

As the latest round of UNFCCC talks on climate change draw to a close today, Oxfam warns that there has been a clear lowering of expectations ahead of the next UN climate summit in Cancun which will stall the progress needed unless negotiations step up several gears.

Our new report warns multiple climate impacts could reverse 50 years of work to end poverty. Shifting seasons are destroying harvests and causing widespread hunger - but this is just one of the multiple climate change impacts taking their toll on the world’s poorest people.

The European Union is rumored to be preparing just a token handout for climate action in poor countries for the next three years, with no guarantee that this money is going to come on top of existing aid commitments.

The European Union’s suggestion today of global public financing worth €22-€50 billion per year for developing countries to tackle climate change falls short of what is needed.

Global business leaders could make a significant contribution toward a fair and safe deal to tackle climate change when they meet at an international summit in Copenhagen beginning May 24.

The European Commission today published – as part of its “summer package” – a legislative proposal to reform the EU Emissions Trading Scheme (ETS). The Commission has failed to use this key opportunity to help address a key stumbling block in the climate negotiations: the provision of predictable and additional climate finance.