The European Union’s suggestion today of global public financing worth €22-€50 billion per year for developing countries to tackle climate change falls short of what is needed.
As the second to last negotiations before Copenhagen draw to a close in Bangkok, three big sticking points remain. These issues show a lack of willingness of the EU and other industrialised countries to find common ground with developing countries.
As the US and China intensify discussions on climate change, Oxfam International urges EU countries to put aside national interests and step up their leadership role.
As poor countries face the full impact of the economic crisis, European governments are falling short by nearly €40bn (USD$55m) on their aid promises and will not meet their 2010 aid target until 2012, a new report from CONCORD reveals.
Europe is putting a global climate deal at risk and threatening the lives of millions of the world’s poorest, said development agency Oxfam International, as Environment Ministers met today to hammer out Europe’s position for a post-2012 global deal.
UN Security Council must pass binding resolution demanding an immediate halt to violence.
Oxfam International called on EU foreign ministers to go beyond calls for increased humanitarian access into Gaza and push Israel and Hamas to agree an immediate ceasefire.