climate financing

This briefing examines reported international public climate finance flows, taking into account the funding commitments of developed countries. Oxfam’s analysis finds that the most vulnerable people and communities are being neglected by funds that should be helping them.

The amount of net financial assistance going to help developing countries fight climate change has been miscounted by tens of billions of dollars, according to a new Oxfam report released on the eve of the United Nations’ climate change conference in Morocco.

The roadmap, while long overdue, is a step forward in the world’s efforts to adapt to and combat climate change. Unfortunately, the roadmap’s projection to double the financial support to help countries adapt to climate change is nowhere near enough to ensure the needs of the most vulnerable are met, said Isabel Kreisler.

As climate talks in Germany wrap up, both poor and rich nations increasingly recognize that fixing the climate change adaptation funding gap, one of the biggest holes in the Paris Agreement, will be a major challenge at the next United Nations conference in Morocco.
 

With 2016 on track to be the hottest year ever and a super-charged El Niño putting over 60 million lives at the mercy of unpredictable climate shocks, it’s more urgent than ever to help communities adapt to climate change, said Oxfam at the start of the United Nation’s climate conference in Bonn, Germany.

As more than 160 countries come together to sign the Paris Climate Change Agreement, taking a critical step towards its implementation, Oxfam calls on governments to continue to confront climate change collectively and turn their commitments into action.

EU finance ministers still cannot agree on decisive elements of a European Financial Transaction Tax - a missed chance for a strong signal to the climate summit in Paris.

Time is running out for ministers meeting in Paris to boost adaptation funding levels by 2020 and agree to set new improved finance targets for both adaptation and emissions reductions from when the Paris deal comes into force in 2020, Oxfam said today.

Climate change alert: Oxfam report reveals spiralling costs of 3 degree compared to 2 degrees warming.

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