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Multiple reports this morning indicate that the Obama administration plans to announce a $3 billion pledge to the Green Climate Fund at the G20 in Australia this weekend. These reports are consistent with the information Oxfam has received over the last few days.Leaders of the Green Climate Fund have been aiming for a $10-15 billion initial “capitalization” before the Lima talks begin in December. If the fund reaches $10 billion, a $3 billion…

Through analysing climate finance provided to 37 fragile and conflict affected states (FCAS) in 2019-20, we find that the scale of finance going to these contexts is far below what is needed, at an average of 13.64 USD per person per year, and much of it is of poor quality. Despite being responsible for a small proportion of emissions, in 2019-20, over half of the climate finance for FCAS came in the form of debt-creating instruments such as loans, and almost one-tenth was provided as non-concessional loans.

As the UN General Assembly kicks off again this year, Oxfam’s experts and partners are available to speak to their work focused on the People’s Vaccine for COVID-19, the climate crisis - including climate finance, and a number of pressing humanitarian crises. 

The Global Refugee Forum ended today with refugees making sure that their message to be fully included in all decisions about their futures was heard by world leaders. Despite real strides taken to include more refugees at the Forum, where they have been represented on high-level panels alongside governments, business leaders, and UN agencies, only 2% of the total 3000 participants were refugees. World leaders must do more to bring real change and uphold their pledges to the 25.9m refugees worldwide.

The IPCC Working Group II report released today

Today, more than 120 world leaders, corporate leaders and representatives from civil society met in New York for the UN Climate Summit. Created as a platform for international and national commitments to tackle climate change, the collection of announcements offered a limited approach to addressing the urgent threat of climate change.In response to this summit Tim Gore, head of climate policy for the aid agency Oxfam, said:“Just days after more than half a million people around the world…

The proposed EU climate law is a good framework for EU climate action over the next decades, Oxfam says. The Commission, national governments and the European Parliament now must enact the law and take swift and decisive action to drastically reduce climate-heating emissions.

In response to today’s open letter from global CEOs to World Leaders urging concrete climate action, Tim Gore, Oxfam International’s Climate Advisor, said:“We welcome engagement by a broad group of companies across sectors calling on governments to agree an ambitious deal at the UN climate talks in Paris later this year. But companies themselves need to go further in addressing their own climate change footprints by…

Reducing the impacts of disasters on poor people is absolutely vital. Climate/disaster risk financing could play a useful role if it is part of an approach that includes risk reduction, if it strengthens social protection, and if it has real participation from civil society.

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.