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Europeans may still be forced to buy biofuels made from food crops until 2030, as a result of the deal struck by EU member states and the European Parliament this morning on the Renewable Energy Directive (RED II), Oxfam said.
“The growing split among G7 leaders is bad news for millions of women and men around the world struggling for a better life," said Oxfam International executive director, Winnie Byanyima.
Oxfam analysis of how climate change funds are allocated and accounted for shows very concerning trends for the world’s poorest countries and communities.
Climate finance efforts by developed countries are at a critical juncture. There are only two years before the deadline by which developed countries have committed to jointly mobilize $100bn per year to support climate action in developing countries. This briefing paper offers an assessment of progress towards this goal.