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Oxfam welcomes today's World Bank report 'Clima

There is growing scientific analysis suggesting that the impacts of current and recent droughts in East Africa are likely to have been aggravated by climate change. Without global efforts to reduce emissions and to help the world’s poorest people cope with the effects of climate change, this crisis will continue to repeat itself.

Climate change could put back the fight against hunger by decades but our global food system is woefully unprepared to cope with the challenge.

Welcoming the publication of the World Bank report, Turn Down the Heat: Climate Extremes, Regional Impa

As global greenhouse emissions continue to rise, and climate change wreaks more havoc upon the people and places least responsible for the problem, rich polluting countries are now three years overdue on their promise to mobilize $100 billion a year in climate finance for low- and middle-income countries.

The World Bank’s 'Turn Down the Heat: Confronting the New Climate Normal' report delivers a troubling new assessment of the impact climate change is having on food security, water resources and ecosystems. It warns that without action heat waves and other weather extremes that occur once every hundred years, if ever, would become the new climate normal putting millions of people at risk.

EU Finance Ministers today adopted a report on Europe’s progress towards its share of the $30 billion promised by rich countries at the 2009 Copenhagen climate summit to help poor countries

The G7 have made a stuttering start on climate but have largely neglected the plight of people living in poverty, said Oxfam at the close of the annual leaders’ summit in Germany today.

In reaction to the UNFCCC NDC Synthesis report launched today, Oxfam's Global Climate Policy Lead, Nafkote Dabi, said: “Today’s report findings are appalling. The combined climate plans submitted account to a dismal 1% emissions reduction, far below the 45% reduction needed to limit global warming below 1.5 degrees, and avoid disastrous impacts on vulnerable communities."  

In “Powering the Transition,” Oxfam details how together, the World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank are investing almost $5 billion in fossil fuels in the 10 Asian countries that belong to the Climate Vulnerable Forum.