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Yesterday's vote on the European Parliament’s position vis-à-vis the COP21 was welcomed by Oxfam for highlighting the importance of climate finance for developing countries.Lies Craeynest, Climate Lead at Oxfam, said:“This vote marks a breakthrough for climate justice. The parliament’s position supports using some of the money paid by big polluters into the EU’s emission trading system for climate adaptation and mitigation objectives in developing countries. This is only fair, as many of the poorest countries in the world are hit hardest by the effects of climate change.…

Negotiators avoided a show-down over crunch issues like finance and increasing near term emissions cuts, but they are only delaying the inevitable. A clearer mandate from Heads of State and ministers is needed to ignite the talks and ensure key questions are answered.

The European Commission published its paper on climate financing today ahead of the Copenhagen summit in December. It's offer would seek to divert money already promised for education and health in poor countries.

Oxfam's response to the UNFCCC’s verdict on what effect national pledges to reduce emissions will have in avoiding dangerous warming.

The announcement of $9.2 billion in pledges to the Green Climate Fund ahead of the Lima climate summit is welcome but only a bare minimum, says Oxfam.

The world has entered a new and dangerous era of climate change impacts, causing huge loss and damage and driving up inequality in the world’s poorest countries that have contributed least to the climate crisis. Yet, new research by Oxfam estimates that nearly half of funding requirements for UN humanitarian appeals linked to extreme weather have gone unmet.

Under the dark skies of Sekota, where the threat of rain looms over the dusty market, amidst the vibrant chatter and bleating of goats, Wirqa Bere, a 20-year-old single mother from the nearby community of Birbir, stands with renewed hope. 

Today, the European Commission released their Fit for 55 legislative package. This bundle aims to revise the EU’s current 2030 climate and energy rules. The package will implement the goal of reducing average EU carbon emissions by 55% in 2030. In response to the package, Evelien van Roemburg, Oxfam EU Head of Office said: “We are at a tipping point in the fight against the climate crisis. The EU has the opportunity to keep us from tipping over the edge by capping the rampant increase in global temperatures to 1.5° Celsius."

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.

With the United Nations’ climate conference drawing to a close, it’s clear there’s been very little progress on how to help people affected by climate change, despite record-breaking hurricanes and catastrophic floods dominating headlines this year.