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Rich nations today published a Climate Finance Delivery Plan claiming that it will take until 2023 to meet their commitment to mobilize $100 billion each year to support poorer nations to confront the climate crisis. In response, Jan Kowalzig, Senior Climate Policy Adviser at Oxfam said: “This plan claims that rich nations will meet their target three years late, but conveniently fails to mention the money that poorer countries are owed for every year they fell short."

Oxfam praises the United States Government’s commitment to reduce emissions 26-28% below 2005 levels by 2025, a critical step forward in transitioning to a clean energy economy.

In response to today's announcement of Gabon's Intended Nationally Determined Contributions (INDCs), Tim Gore, Oxfam's international climate adviser, made the following statement:"Oxfam welcomes the INDC from Gabon. As the first African country to put their offer for the Paris climate talks on the table, Gabon is showing the way to rich countries - from Australia to Japan - that have yet to do so. This seems a comprehensive plan, rooted in Gabon's national strategy for sustainable development, that shows poor country governments don't have to choose between…

In response to the United Nations Environment Program’s Adaptation Gap Report 2023, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “The report underlines how the gap in adaptation funding —at its ‘highest ever’ amid accelerating climate breakdown— must be addressed with the utmost urgency next month in Dubai."

Rich countries have broken their climate finance promises to a key grouping of eight highly vulnerable African countries. Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda – collectively called the IGAD region – have together received, on average, $1.7 billion annually, between 2013 to 2022, in “grant equivalents”, being the true value of climate support after interest and debt repayments.

Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is not being properly tracked due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C. 

Wealthy Group of Seven (G7) countries owe low- and middle-income countries $13.3 trillion in unpaid aid and funding for climate action, reveals new analysis from Oxfam ahead of the G7 Summit in Hiroshima, Japan.

Responding to the draft COP26 decision text, Tracy Carty, head of Oxfam’s COP26 delegation said: "This draft COP decision text is too weak. It fails to respond to the climate emergency being faced by millions of people now, who are living with unprecedented extreme weather and being pushed further into poverty."

A commitment to increase and accelerate public finance is adaptation’s bottom-line.  Without it, the Paris agreement will be a mitigation deal for big emitters, not a climate change agreement for all. This briefing sets out Oxfam's demands on adaptation finance post 2020 that need to be agreed in Paris at the end of this year.

With 2016 on track to be the hottest year ever and a super-charged El Niño putting over 60 million lives at the mercy of unpredictable climate shocks, it’s more urgent than ever to help communities adapt to climate change, said Oxfam at the start of the United Nation’s climate conference in Bonn, Germany.