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Oxfam spokesperson Elizabeth Stuart said: IMF – Christine Lagarde

European Commission President José Manuel Barroso gave a speech at the UN Climate Summit today, claiming the EU is setting a good example in reducing greenhouse gas emissions. 

The Business and Climate Summit was an opportunity for companies to lead by example, and though several did show willing, it was not nearly enough to champion the urgent action needed to help combat climate change.

The Dutch Development Finance Company (FMO) and Finland’s Finnfund, two of the development banks backing the Agua Zarca hydroelectric project in Honduras, yesterday announced they would seek an exit to their involvement in the project. Today’s announcements are important in bringing us one step closer to finally shutting down the tainted Agua Zarca project.

The UN General Assembly outcome document agreed today exposes the unevenness and gaps in achieving the MDGs between and within countries.

Today, EU member states have proposed a spending increase of 10 percent in 2019 for the EU’s external policies compared to this year’s budget. However, governments are focusing on the wrong issues, Oxfam, Save the Children, DSW and IPPF EN say. The organizations argue a strong focus on human development is needed to counter increasing inequalities and make sure no one is left behind.

The Control Arms Coalition welcomed today’s signing of the Arms Trade Treaty by the United States.

Oxfam is calling for immediate humanitarian and political action as the world stands on the brink of an unprecedented four famines.

More than half of the territory is still in the hands of the armed groups despite Faustin Archange Touadera’s inauguration on March 30 2016 on a ticket of ending the violence and guaranteeing protection to Central Africans exhausted after years of conflict. 

Responding to the final communiqué of the COP25 climate talks in Madrid, Chema Vera, Interim Executive Director of Oxfam International, said: “The world is screaming out for climate action but this summit has responded with a whisper. The poorest nations are in a sprint for survival yet many governments have barely moved from the starting blocks."