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Today European leaders met in Brussels to agree an EU climate and energy package up until 2030.Leaders decided to curb C02 emissions by at least 40%, increase the amount of renewable energy in the mix to at least 27%, and set a non-binding target to reduce energy demand by at least 27%. In response to the announcement of the deal, Natalia Alonso, Oxfam’s Deputy Director of Advocacy…

Oxfam spokesperson Elizabeth Stuart said:

In response to the World Bank Group today issuing a statement announcing the discontinuation of its Doing Business report, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “It's a welcome move and about time the World Bank scrapped its Doing Business report, a global competitiveness index that encouraged governments to adopt destructive policies that worsen inequality, like slashing labor regulations and corporate taxes."

In 2005 the International Monetary Fund (IMF) introduced the Policy Support Instrument (PSI).

There is likely to be a climate deal in Paris. The emission pledges that more than 150 governments have put on the table this year show that global climate ambition is increasing. In this briefing Oxfam looks at potential game-changers on finance and mitigation ambition that could avert these costs for the world’s poorest people.

There is growing scientific analysis suggesting that the impacts of current and recent droughts in East Africa are likely to have been aggravated by climate change. Without global efforts to reduce emissions and to help the world’s poorest people cope with the effects of climate change, this crisis will continue to repeat itself.

Robert Zoellick / the food crisis: Oxfam spokesperson Luc Lamprière said: 

Oxfam commended the World Bank for connecting the need to tackle climate change with the urgent fight to end poverty. In a new report, the Bank warned that more than 100 million additional people could be pushed into poverty by crop failures, floods, hunger, and other shocks caused by climate change. 

The Vatican is hosting a climate change conference today, which will bring together world leaders, climate experts and religious representatives. Winnie Byanyima, Oxfam International Executive Director, said, “The way the world responds to climate change is a litmus test of our humanity.

El Niño is a crisis of global proportions, seriously affecting 60 million people around the world, yet it is not getting international attention and there remains a huge funding gap of nearly $1.8bn. The appointment of Mary Robinson and Macharia Kamau as Special Envoys for El Niño by the UN is an encouraging step.