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The amount of net financial assistance going to help developing countries fight climate change has been miscounted by tens of billions of dollars, according to a new Oxfam report released on the eve of the United Nations’ climate change conference in Morocco.

Ministers must deliver on their climate finance promises and support a second wave of attack on corporate tax cheats if their Lima meeting is to succeed, said Oxfam today. 

In six years time the number of people affected by climatic crises is projected to rise by 54 per cent to 375 million people, threatening to overwhelm the humanitarian aid system.

The IPCC Working Group II report released today

Reducing the impacts of disasters on poor people is absolutely vital. Climate/disaster risk financing could play a useful role if it is part of an approach that includes risk reduction, if it strengthens social protection, and if it has real participation from civil society.

Halfway through the Cancun climate talks, negotiators have an opportunity to make real progress on a fair global climate fund and climate finance, said Mary Robinson, former President of Ireland and Honorary President of Oxfam.

The World Bank's $200bn climate investment announcement at the UN Climate Conference COP24 is welcome, but must be new money that can help tackle poverty.

Details of the World Bank’s climate finance flows to developing countries are being poorly disclosed and may be hiding discrepancies and allowing for dubious claims, according to a new report by Oxfam.

The contentious issue of financial support for communities, including displaced communities, which have suffered loss and damage as a result of the climate crisis is expected to take center stage at the UN Climate Summit in Madrid from 2 – 13 December 2019.

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