Oxfam welcomes the EU’s €1bn for the world’s poorest farmers, finally agreed to after long negotiations. Almost two thirds of the money represents new money for developing countries and this could provide a vital boost to help those hit hardest by the food crisis.
The world’s first shipments of certified sustainable palm oil have left Malaysia for the Netherlands where it will be used by European consumer goods manufacturers and supermarkets.
EU member states must follow the Parliament’s lead and oppose the European Commission’s proposal to boost the use of biofuels in transport fuels to 10% by 2020, as part of the EU’s Renewable Energy Directive.
Oxfam welcomed today’s vote by the European Parliament’s Environment Committee on the ETS Directive to use 50% of the auctioning revenues generated from the emission permits for developing countries to tackle climate change via an international fund.
Oxfam welcomed today’s vote by the Committee on Industry, Research and Energy (ITRE committee) to reduce the EU’s ambitious targets for biofuels in transport fuel but would have liked it to go further by dropping biofuels from the renewable energy directive altogether.
The G8 played down the effects of biofuels on food inflation 'like discussing the Titanic but not mentioning the iceberg.'
Unless the G8 leaders agree to immediate action and medium-term targets for reducing their greenhouse gas emissions by 2020, any long-term promises will be unattainable.
The rich world's response to the global food crisis has been inadequate and at times hypocritical. World leaders must set out a plan for a much more comprehensive response at the G8 in Japan this week.
Today’s biofuel policies are not solving the climate or fuel crises but are instead contributing to food insecurity and inflation.