climate

An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned today in a briefing published ahead of the World Economic Forum in Davos next week.

Poor countries will today leave the UN climate change negotiations in Doha with little more than they arrived with, because developed countries failed to take any meaningful collective action to prevent and address the most harmful impacts of climate change.

ActionAid, Christian Aid, Friends of the Earth, Greenpeace, Oxfam and WWF issued a statement saying the Doha talks were on the brink of disaster and that rich governments had 24 hours to urgently make a deal that reflects the scale of planetary emergency facing humanity.

Climate change will cripple the ASEAN goal of economic integration by 2015. The warning was issued today by ASEAN for a Fair, Ambitious and Binding Climate Deal (A-FAB), a regional coalition led by Greenpeace Southeast Asia and Oxfam, during a press conference at the UN climate change talks in Bangkok

Speaking at the end of the Rio+20 UN Summit on Sustainable Development, Barbara Stocking, Chief Executive, Oxfam GB said:

The G20, the preeminent global economic decision making body, has thrown its political weight behind the commitment to shared growth and narrowing the development gap through its Seoul Deve

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

International aid agency Oxfam today releases a digital edition of its report Growing a Better Future: Food justice in a resource constrained world, to coincide with the beginning of ‘GROW Week’ – a week of activism highlighting the world’s broken food system.

Aid from rich nations is likely to fall by at least $9.5 billion by the end of 2012 – the biggest drop in aid for 15 years, according to new calculations by international agency Oxfam ahead of this week’s G20 Summit (Nov 3-4).

“Food, funds, inequality” issues will test G20 leaders’ ability to transform the global economy. The 2011 G20 Summit could be a watershed for global stability and prosperity if leaders rise above a narrow vision of self-interest and act decisively for the world’s poorest citizens.