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Today the European Commission published a Communication setting out its position towards international climate change negotiations aimed at reaching an agreement by December in Paris.

The European Union is failing to give full details about its €7.2 billion pledge for immediate climate finance needs in developing countries. By not being fully transparent, the EU is undermining trust with developing countries.

Today EU Environment Ministers agreed the official EU emissions reductions pledge for the United Nations climate talks in Paris at the end of the year, backing an "at least 40%" emissions reduction target and failing to provide clarity on whether loopholes could water down the offer.

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. 

The World Bank’s new assessment on the scale of finance needed to help developing countries adapt to the unavoidable impacts of climate change – $75-100bn per year on average from 2010-2050 – is a vital and timely contribution to the current climate negotiations under way in Bangkok.

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.

Dirty industries are blocking the European Union from making more ambitious cuts to its greenhouse gas emissions while, at the same time, making millions in profits from existing environment policy, says a new report by international agency Oxfam.

Oxfam welcomes today's World Bank report 'Clima

This update provides an overview of the current situation in Greece, one year on since the introduction of Europe’s flawed migration policies to close borders along the Western Balkan route and return migrants and refugees to Turkey.