Press releases

In response to President Obama’s climate plan announcement scheduled for this afternoon Gawain Kripke, research and policy director for Oxfam America said:
 

Oxfam welcomes the new European Commission proposals for advancing climate talks. However, while the EC has highlighted emissions reduction loopholes in the Copenhagen Accord, it has ignored major loopholes on climate finance.

Mr. Malpass must push the World Bank to champion policies that tackle climate change, reduce inequalities and lead to investment in free public education and health.

Global climate finance levels are woefully insufficient to keep warming below 1.5°C or protect people from the devastating impacts of climate breakdown —and this gap is particularly evident in countries mired in conflict or that are unable to provide basic services for their communities. 

As the COP19 climate talks start, poor countries are being left with little idea about what money is available to help them cope with climate change because of murky accounting and a lack of transparency by rich countries.

As climate talks in Germany wrap up, both poor and rich nations increasingly recognize that fixing the climate change adaptation funding gap, one of the biggest holes in the Paris Agreement, will be a major challenge at the next United Nations conference in Morocco.
 

We have said we stand in solidarity with the millions impacted by Typhoon Haiyan, and with all climate impacted people. Our solidarity compels us to tell the truth about COP 19 and to voluntarily withdraw from the Warsaw climate talks.

The European Union is rumored to be preparing just a token handout for climate action in poor countries for the next three years, with no guarantee that this money is going to come on top of existing aid commitments.

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.