Press releases

Oxfam said it is vital that governments return to the negotiating table before the new agreement takes effect from 2020 to strengthen pledges of emissions cuts and agree to new finance levels. 

“There is still a long way to go: this is crunch time. The chance to set new funding targets from when the Paris deal comes into force in 2020 is still very much on the table and needs to stay there if developing countries are to have any hope of more support in the years ahead."

The situation looks grim as Oxfam awaits the release of a revised and likely second-to-last draft of a global climate change agreement, expected to be released on Wednesday afternoon. Our experts are concerned that negotiators might be settling for the lowest common denominator in several critical areas.

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.

Oxfam welcomes the investigation of tax deals major companies strike with EU member states, but tax reform is key to end harmful and unfair tax practices.

Oxfam is scaling up its operations in Taiz governorate, Yemen, to meet the increasing humanitarian needs in communities affected by the escalating fighting in and around Taiz city. The UN’s Emergency Response Coordinator, Stephen O’Brien, has described Taiz city as a ‘city under virtual siege’, with food, medical supplies, and fuel blocked from entering and humanitarian agencies denied access to the besieged population.