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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.

The international community must plug a $2 billion funding gap for countries hit by El Nino-related drought and storms. These have left a staggering 60 million people around the world facing crop failures and worsening hunger.

The World Bank and the International Monetary Fund cannot allow political and economic shocks to hijack their ambitions to combat climate change and curb inequality, warned Oxfam.

In reaction to the announcement by the Saudi coalition of a ceasefire in Yemen, Muhsin Siddiquey, Oxfam Yemen Country Director, said : "The announcement from the Saudi-led coalition that it will be laying down arms is a welcome move that offers Yemen a chance to avert a fresh disaster.  

The Coronavirus crisis could result in a catastrophic loss of life in poorer countries and push half a billion more people into poverty. This week, the G20 finance ministers, the IMF and the World Bank can offer an instant lifeline – by cancelling all external debt payments for 2020. This could save $40 billion immediately and support almost 500 million of the world’s poorest to survive this crisis.

With shock and sadness 16 humanitarian organizations received the news of a fatal shooting incident involving a vehicle of the World Health Organization (WHO) carrying COVID-19 test samples in Rakhine State, Myanmar.

Responding to the UK Government’s announcement that G7 leaders will agree to new financing for infrastructure projects in developing countries and an increase international climate finance, Oxfam's climate change lead Nafkote Dabi said: "This plan could support green development in poorer countries, but it is lacking in detail including on who will foot the bill."

An article in the British Medical Journal and Die Welt, published today, has found that the KenUP Foundation - acting as a consultant on behalf of BioNTech – has been pushing South African manufacturers not to get involved the World Health Organization Vaccine Technology Transfer Hub’s project of copying the manufacturing process of existing mRNA COVID-19 vaccines and have been calling for the project to be ‘terminated immediately’. 

Oxfam is deeply disappointed by today’s donors’ dismally inadequate pledges to East Africa’s crisis; a protracted crisis which continues to be woefully underfunded.

Oxfam has continued its journey in changing its culture and improving its safeguarding of staff and the people with whom we work. In its latest report (Oct 2019-Mar 2020), Oxfam notes that the coronavirus crisis risks diverting people’s attention away from these important issues, so it has re-doubled efforts to keep its improvement plan on track while adapting its entire operations to respond as safely as possible to the pandemic.