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Communities hit by climate-related disasters may have to wait even longer for help since negotiations at COP23 are failing to make meaningful progress on “loss and damage” finance. 

This paper examines current and planned IFI energy sector support in Asian climate-vulnerable countries. It shows how this is not yet fit for purpose, and recommends how IFIs can intervene at this critical juncture to give governments the confidence to accelerate the transition to renewable energy for all.

On 4 December 2014, Winnie Byanyima was announced as co-chair of the World Economic Forum’s 2015 Annual Meeting in Davos-Klosters, Switzerland. Here is her response:"There is overwhelming consensus that things must change. The World Economic Forum has listed growing income inequality as a major global risk for several years running. Business leaders, faith leaders, and leaders of governments agree: extreme and growing inequality must be addressed urgently.…

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.  

Finance ministers and central bankers from the G20 nations met in London on Saturday, as a preparatory session for the G20 meeting in Pittsburgh later this month, and to lay the groundwork for the Copenhagen climate talks in December.

Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week. 

Oxfam water engineers are having to drill deeper, more expensive and harder-to-maintain water boreholes used by some of the poorest communities around the world, more often now only to find dry, depleted or polluted reservoirs. 

Negotiators at the UN climate talks have narrowly avoided a collapse, agreeing to the bare minimum deal possible.

People around the world are trapped in a ‘toxic triangle’ made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up  global temperatures, putting 400 million people at risk of hunger and drought by 2060.