Press releases

A staggering 40 per cent drop in funding focused on climate change adaptation, revealed by the OECD yesterday, should prompt renewed action at the Ministerial Meeting on Mobilizing Climate Finance in Washington and meetings of EU climate experts in Brussels next week.

Joint Media Reaction by Oxfam, CAN Europe, APRODEV, CIDSE

Rich countries have again effectively short-changed low- and middle-income countries as part of international climate change negotiations by as much as $88 billion in 2022, the latest year of newly reported figures, says Oxfam.

The people of Haiti, having survived political turmoil, food insecurity and four hurricanes last year, could be pushed over the brink if world leaders do not act at the UN climate talks next month.

In a key committee vote on the reform of the EU bioenergy policy, the European Parliament has improved the reform proposal, but Oxfam says it does not do enough to end the EU's bioenergy policy's destructive effects on the climate and on people worldwide.

Rich countries have a ’double duty’ to cut emissions at home and to help fund emissions reductions in poor countries in order to get a fair and safe climate deal, according to a new report by international agency, Oxfam today.

Today European Finance Ministers agreed their common position for the United Nations COP 19

Today's report from the Organisation for Economic Co-operation and Development (OECD) on climate finance confirms that far too much of the climate finance from governments and development banks is in the form of loans that force poorer nations to fall further into debt, says Oxfam.

Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France, who had given BNP Paribas formal notice to comply with its due diligence obligations on 26 October, sued BNP Paribas over its massive support to fossil fuels and for its substantial contribution to climate change. BNP Paribas is Europe’s largest and fifth worldwide funder of fossil fuel expansion: the three organizations urge the bank to immediately stop financing this expansion and to adopt an oil and gas exit plan. This is the world's first climate lawsuit against a commercial bank.

“The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”