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

The announcement of $9.2 billion in pledges to the Green Climate Fund ahead of the Lima climate summit is welcome but only a bare minimum, says Oxfam.

Council conclusions adopted today by Environment Ministers set out the European Union's

At the ECOFIN meeting today, EU Finance Ministers have failed to provide a clear answer to what Europe will do to ensure climate finance does not fall off a cliff once Fast Start F

Today, more than 120 world leaders, corporate leaders and representatives from civil society met in New York for the UN Climate Summit. Created as a platform for international and national commitments to tackle climate change, the collection of announcements offered a limited approach to addressing the urgent threat of climate change.In response to this summit Tim Gore, head of climate policy for the aid agency Oxfam, said:“Just days after more than half a million people around the world…

Multiple reports this morning indicate that the Obama administration plans to announce a $3 billion pledge to the Green Climate Fund at the G20 in Australia this weekend. These reports are consistent with the information Oxfam has received over the last few days.Leaders of the Green Climate Fund have been aiming for a $10-15 billion initial “capitalization” before the Lima talks begin in December. If the fund reaches $10 billion, a $3 billion…

EU environment ministers again acknowledged the importance of financial support for climate action in poor and vulnerable countries in the Paris climate agreement, but they must invest in the Green Climate Fund, says Oxfam.

New sources of climate finance must be found to curb the alarming shift in Official Development Assistance (ODA) to climate finance and to protect the development gains of recent decades.

Today the European Parliament's Environment Committee voted for a compromise deal on a European Commission proposal to reverse a decline in the price of carbon on the

Private finance has a vital role to play in the global response to climate change, but it is not a substitute for public finance.