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The biggest French food company fails to provide a strong commitment to fight climate change and support small-scale farmer resilience.

At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.

Oxfam commended the World Bank for connecting the need to tackle climate change with the urgent fight to end poverty. In a new report, the Bank warned that more than 100 million additional people could be pushed into poverty by crop failures, floods, hunger, and other shocks caused by climate change. 

At least ten million poor people face hunger this year and next due to droughts and erratic rains, influenced by climate change and the likely development of a ‘super El Niño’.

Oxfam Global Ambassadors Angélique Kidjo, Baaba Maal and Miguel Bosé, alongside many other celebrities, have shared an eyes-only selfie on social media to tell world leaders they have their #eyesonParis for action on climate change.

In reaction to another draft of the climate change agreement unveiled on Thursday night in Paris, Oxfam Executive Director Helen Szoke said: “In a big win for developing and vulnerable countries, the draft has affirmed the need to set quantified funding goals for both climate change mitigation and adaptation for the years after 2020. This is a very encouraging development and we strongly urge negotiators to keep this in the final agreement. The only caveat is that no firm target for funds meant to help vulnerable people adapt to climate change has been identified.“The loss of…

Oxfam welcomed reports of increased climate finance pledges made by finance ministers in Lima today, but warned that only a fraction is meant to help countries most vulnerable adapt to the devastating effects of climate change.

Oxfam said it is vital that governments return to the negotiating table before the new agreement takes effect from 2020 to strengthen pledges of emissions cuts and agree to new finance levels. 

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

South Africa has today tabled its climate action plan for Paris, committing to put a lid on rising emissions through to 2030. How low they are able to plateau will depend on international support meaning so climate finance will be key to unlock greater ambition, says Oxfam.