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The richest 1% have exhausted their annual carbon budget – the amount of CO2 that can be emitted while staying within 1.5 degrees of warming - only ten days into the year, according to new analysis from Oxfam. 

It was a night of film stars and philanthropy at the Armani Hotel in Dubai as the Dubai International Film Festival unfurled the red carpet for ‘One Night to Change Lives’, the annual gala fundraiser in aid of UAE-based philanthropic organization, Dubai Cares, and world-wide development organization, Oxfam.

Three months after floods devastated Pakistan, cases of disease are increasing and in the worst-hit region, the southern province of Sindh, large areas remain underwater. At the same time, funds for the UN flood appeal are drying up and threatening the aid and reconstruction effort.

Time is running out for ministers meeting in Paris to boost adaptation funding levels by 2020 and agree to set new improved finance targets for both adaptation and emissions reductions from when the Paris deal comes into force in 2020, Oxfam said today.

Oxfam today called for urgent action to prevent millions of people being hit by famine in South Sudan.

International climate talks (in Bonn, Germany 1 – 12 June) must ensure that a climate finance proposal meets the needs of the world’s most vulnerable countries, and negotiations must move forward quickly if a global deal is to be secured in time to avoid a human catastrophe.

Reacting to the IPC announcement on the levels of hunger in the south of Yemen and their forecast for the months ahead, Oxfam’s Yemen Country Director, Muhsin Siddiquey said: “This new data shows how bleak the situation is for the millions of Yemenis struggling with hunger as conflict has decimated infrastructure, restricted food imports, and led to mass unemployment."  

The prolonged closure of crossings into Gaza could cut Palestinians off from essential goods such as fuel and food, threatening to further deteriorate what is already a dire humanitarian situation.

Pakistan is one of the world’s most hazard-prone countries, with each humanitarian crisis costing lives and money and deepening the alarming levels of poverty and malnutrition.

Oxfam spokesperson Elizabeth Stuart said: IMF – Christine Lagarde