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Oxfam reacted to the World Bank's appointment of Philippe Le Houérou as CEO of their private sector arm, the International Finance Corporation.
The EU position on climate finance for the Paris climate summit was adopted today by the EU Finance Ministers.
Oxfam commended the World Bank for connecting the need to tackle climate change with the urgent fight to end poverty. In a new report, the Bank warned that more than 100 million additional people could be pushed into poverty by crop failures, floods, hunger, and other shocks caused by climate change.
A rare cyclone has left conflict ravaged Yemen facing a double disaster as Cyclone Chapala promises a decade-worth of rain in Yemen in just a few days.
Oxfam's response to the UNFCCC’s verdict on what effect national pledges to reduce emissions will have in avoiding dangerous warming.
Oxfam has launched an emergency appeal for survivors of the South Asian earthquake which hit Afghanistan and Pakistan earlier this morning. Oxfam teams are working with local authorities and organisations to assess the scale of the damage and teams are ready to respond where needed.
Oxfam is disappointed that the EU’s planned new “Trust Fund for Africa”, intended to address migration, risks being used more for border security purposes, rather than fighting poverty and inequality.
Oxfam welcomes today’s orientation debate on the EU Emissions Trading System as some Member States spoke out in favor of the ETS being a more predictable source of funds for climate action in poor countries.
Oxfam is closely monitoring Hurricane Patricia’s progress and is ready to dispatch rapid assessment teams to survey the damage left in its path, and respond to the greatest needs.
Negotiators have given themselves the tools to build a stronger deal in Paris, but governments must now put them to good use. Oxfam will continue to press for a climate deal for the world’s poorest people. Exclusion of civil society from the process that has characterized the meeting in Bonn must not be a precedent for Paris.