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As climate talks in Germany wrap up, both poor and rich nations increasingly recognize that fixing the climate change adaptation funding gap, one of the biggest holes in the Paris Agreement, will be a major challenge at the next United Nations conference in Morocco. 

Governments must build back better low carbon economies post the pandemic to avoid fuelling the climate crisis, warned Oxfam today ahead of the Petersberg Climate Dialogue on 6-7 May. The virtual meeting will bring together government ministers from across the globe to discuss international climate action ahead of this year’s critical UN summit COP26 in autumn.

Climate finance efforts by developed countries are at a critical juncture. There are only two years before the deadline by which developed countries have committed to jointly mobilize $100bn per year to support climate action in developing countries. This briefing paper offers an assessment of progress towards this goal.

 Oxfam analysis of how climate change funds are allocated and accounted for shows very concerning trends for the world’s poorest countries and communities.

There has been an increase in international climate finance in the fight against climate change, according to a new OECD report, which Oxfam is encouraged by. 

Oxfam's response to the UNFCCC’s verdict on what effect national pledges to reduce emissions will have in avoiding dangerous warming.

The world has entered a new and dangerous era of climate change impacts, causing huge loss and damage and driving up inequality in the world’s poorest countries that have contributed least to the climate crisis. Yet, new research by Oxfam estimates that nearly half of funding requirements for UN humanitarian appeals linked to extreme weather have gone unmet.

With 2016 on track to be the hottest year ever and a super-charged El Niño putting over 60 million lives at the mercy of unpredictable climate shocks, it’s more urgent than ever to help communities adapt to climate change, said Oxfam at the start of the United Nation’s climate conference in Bonn, Germany.

Battered by cyclones and ravaged by extreme drought, poor communities in the Horn of Africa and Mozambique have found themselves on the front line of a climate crisis they did little to create.

The United Nations’ climate conference in Marrakech made it clear that the Paris Agreement is here to stay, but otherwise, did little to fix the Agreement’s biggest flaws that leave poor and climate-vulnerable countries in danger, said Oxfam.