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Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam today.

Oxfam analyzes the commitments being brought by government and corporate sector leaders to the Climate Summit and reveals that they fall short of what is urgently needed.

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.

Today the European Commission presented its flagship European Green Deal. Oxfam welcomes the ambition of the deal to make Europe the first climate neutral continent, and to transform itself into a sustainable circular economy. However, it is vital that the European Green Deal ensures revision of Europe’s climate targets for 2030 in time for next year’s UN climate summit.

In response to the G20 communique, Oxfam says: ‘The G20 has failed to meet the huge challenges our world faces. They continue to stumble away from taking the bold actions necessary to tackle poverty, inequality, and climate change after an uninspiring and underwhelming Summit in India this weekend.” 

The failure to tackle climate change threatens all aspects of food security: availability, access, utilization, and stability.

Hunger is not and need never be inevitable. However climate change threatens to put back the fight to eradicate it by decades – and our global food system is woefully unprepared to cope with the challenge.

Farmers in Southern Africa are experiencing changes to their climate that are different in magnitude to what they have experienced in the past.

Sustainable agriculture offers the best chances for countries belonging to the Association of Southeast Asian Nations (ASEAN) to deal with climate change.

Climate change will leave families caught in a vicious spiral of falling incomes, rising food prices, and declining quality of food, leading to a devastating impact on the health of millions.