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This paper suggests a new approach that recognizes the failings of the current climate finance regime and is better informed by needs and opportunities at the national level.

Washington, DC— In reaction to World Bank President Jim Kim's announcement  of a new interim target of cutting global poverty to 9% by 2020, Oxfam spokesperson Raymond C.

"We’re concerned that too much of the focus is on the ‘insurance’ aspect; insurance doesn't actually reduce risk, and it could be unaffordable for the communities it's meant to cover," said Tracy Carty.

The stark reality of climate change has highlighted the financial obligations rich polluting nations, especially in the global North, owe communities and countries most impacted and now unprepared to deal with the unavoidable cost of the climate crisis. East Africa is one of the world’s worst-hit regions by climate change and is now experiencing its worst climate-induced extreme weather, fuelling an alarming hunger crisis, despite contributing almost nothing to global carbon emissions. Over 31.5 million people are currently facing acute hunger across Ethiopia, Kenya, Somalia, and South…

The world faces twin crises of climate breakdown and runaway inequality. The richest people, corporations and countries are destroying the world with their huge carbon emissions. Meanwhile, people living in poverty, those experiencing marginalization, and countries in the Global South are those impacted the hardest. Women and girls, Indigenous Peoples, people living in poverty and other groups experiencing discrimination are particularly at a disadvantage. The consequences of climate breakdown are felt in all parts of the world and by most people, yet only the…

“Rich countries missed a chance to make a real difference in the fight against global poverty and inequality."

Today, the world produces enough to feed all seven billion of its inhabitants – but nearly a billion people still go without.

Climate change offers humanity no second chances.

The people of Tajikistan, many already feeling the strains of climate change, will be increasingly afflicted over the next 40 years unless immediate action is taken to mitigate the e

The richest 1% now have more wealth than the rest of the world combined. The fight against poverty will not be won until the inequality crisis is tackled.