carbon emissions

The revision of the EU’s Emission Trading Scheme (ETS) offers a unique opportunity to increase transparency and predictability of climate finance from the EU and its Member States by establishing a mechanism that automatically directs a portion of the ETS revenues as additional international climate finance. 

Norway's announcement of $230 million USD welcomed, but still a long way to go to reach the Fund's unofficial goal of $10 billion.

The UNFCCC report on climate finance says that between $340 and $650 billion in finance for climate action is flowing globally with $40-175 billion going to developing countries each year. This report on climate finance makes one thing abundantly clear: only a small proportion of climate finance is flowing from developed countries to developing countries.

Oxfam welcomes today's World Bank report 'Clima

(Bonn, Germany) A lack of urgency imperils the likelihood of an ambitious 2015 climate agreement, Oxfam warned today as talks continued at the latest UNFCCC meeting in Bonn, Germany.

Oxfam joined civil society organizations from around the world to demand the member governments of the UN Framework Convention on Climate Change (UNFCCC) take decisive action urgently on climate change.

Russia’s absence from the G7 summit is a stark warning to Europe that political turmoil on its doorstep risks an energy price crisis, at the same time as the effects of climate change on food imports could drive up costs.