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The European Commission unveiled today its vision for Europe’s climate and energy policies from now to 2030.

Oxfam praised President Barack Obama and President Xi Jinping for officially joining their countries to the Paris climate agreement today.

The revision of the EU’s Emission Trading Scheme (ETS) offers a unique opportunity to increase transparency and predictability of climate finance from the EU and its Member States by establishing a mechanism that automatically directs a portion of the ETS revenues as additional international climate finance. 

Following the publication of a major new report by the Global Commission on Adaptation today, Winnie Byanyima, Executive Director of Oxfam and a member of the Commission said: “For too long adaption has been treated as if it were less important than emissions reductions. This report shows we need both: much deeper and quicker cuts in emissions and much more help for vulnerable communities from the Bahamas to Mozambique who are struggling to survive in the face of this crisis.“People on the front line of the climate crisis, who did least to cause it, have been largely …

The World Bank’s 'Turn Down the Heat: Confronting the New Climate Normal' report delivers a troubling new assessment of the impact climate change is having on food security, water resources and ecosystems. It warns that without action heat waves and other weather extremes that occur once every hundred years, if ever, would become the new climate normal putting millions of people at risk.

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.

Celine Charveriat, Oxfam advocacy and campaigns director said:

Hundreds of European cities, regions, businesses, youth and faith groups and civil society organisations are urging European leaders to take decisive action to respond to the climate emergency by profoundly altering the way we run our societies and economies to limit temperature rise to 1.5°C.

In reaction to another draft of the climate change agreement unveiled on Thursday night in Paris, Oxfam Executive Director Helen Szoke said: “In a big win for developing and vulnerable countries, the draft has affirmed the need to set quantified funding goals for both climate change mitigation and adaptation for the years after 2020. This is a very encouraging development and we strongly urge negotiators to keep this in the final agreement. The only caveat is that no firm target for funds meant to help vulnerable people adapt to climate change has been identified.“The loss of…

On the eve of the Earth Day Summit, Oxfam is calling for President Biden and world leaders attending the virtual summit to urgently ramp up ambition to tackle the climate crisis.