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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.

Ministers arriving in Katowice for the UN Climate Change Conference, COP24, will need extreme courage and conviction to make life-saving decisions if humanity is to be saved from the worst impacts of climate change, Oxfam and CARE International said today.

“This is very troubling news, but sadly it’s part of a dangerous trend. All over the world we’re seeing a new rush for land, often with deadly consequences for local rights defenders," said Rashmi Mistry, head of Oxfam's GROW campaign.

Today, the European Parliament’s Agriculture Committee voted to protect food producers inside and outside the EU in key legislation to ban unfair trading practices in the EU’s food supply chain.

Bold attempts to prevent climate change forcing millions more people into poverty have been undermined by wealthier nations at the 24th UN Climate Change Conference, Oxfam said today.At the talks, which stalled for days in Poland, leaders from nations on the frontlines of the climate crisis and young climate activists made strong demands for all states to immediately strengthen commitments to the Paris Agreement. But a woeful lack of courage by rich nations with the highest carbon emissions meant the outcome failed to match the urgency of these demands.Simon Bradshaw, Climate…

Oxfam spokesperson Luc Lamprière said: Financial transaction tax:

Today’s EU Finance Ministers meeting inBrussels reached a deal to resolve disagreement on regulators’ powers over clearinghouses that will handle over-the-counter (OTC) derivatives.

Today the European Parliament gave the green light to the European Markets Infrastructure Regulation (EMIR) designed to regulate shady ‘over the counter’ (OTC) derivatives. NGOs welcomed the introduction of clearing and reporting obligations for these financial products as a crucial step towards regulating vital agricultural commodity derivatives markets.

The real possibility of eradicating global hunger and poverty in our lifetime is dependent upon the international community getting more serious in supporting smallholder agriculture – a sector that supports nearly 2 billion people and produces most of the world’s food. Tomorrow Oxfam International Executive Director Winnie Byanyima will address the 38th annual Governing Council meeting of the International Fund for Agricultural Development (IFAD) at the invitation of IFAD President Kanayo F Nwanze. The Governing Council is IFAD’s highest decision-…

Rich countries must open the way to cheaper mass-produced COVID-19 vaccines in order to protect every person in the world and avert a $9 trillion “worst case” global economic catastrophe, said Oxfam today. They should also agree this week to inject $650 billion more into the global economy to help developing countries cope with the pandemic’s already devasting effects.