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Oxfam's Nadia Daar commented on the Bank and the IMF's progress on climate change, inequality, education, and more.

New Oxfam-commissioned research, carried out by Climate Analytics, uses modelling to assess the impact of aggregate Intended Nationally Determined Contributions (INDCs) ambition. The technical specifications and calibration of the models used are explained in this paper. 

Responding to the United Nations Framework Convention on Climate Change’s (UNFCCC) updated NDC Synthesis Report, Oxfam France’s Advocacy Manager Armelle Le Comte said: “This confirms we are still dangerously off track from limiting global warming to the vital 1.5°C limit. The climate clock is ticking ever closer to midnight and COP26 now needs to be a planetary crisis meeting. Governments need to agree to revise their climate plans more regularly to get us back on track. Remedial action is desperately needed now —there is no later or better time."

This paper examines current and planned IFI energy sector support in Asian climate-vulnerable countries. It shows how this is not yet fit for purpose, and recommends how IFIs can intervene at this critical juncture to give governments the confidence to accelerate the transition to renewable energy for all.

Responding to the Intergovernmental Panel on Climate Change’s Working Group I contribution to the Sixth Assessment Report, Oxfam Climate Policy Lead Nafkote Dabi said: “Amid a world in parts burning, in parts drowning and in parts starving, the IPCC today tables the most compelling wake-up call yet for global industry to switch from oil, gas and coal to renewables."

The World Bank and the IMF must seize their early chance in what could be a watershed year to end extreme global poverty by putting the battle against inequality, climate change and tax dodging at the very top of its Spring Meetings’ agenda this week. 

In response to the United Nations Environment Program’s Adaptation Gap Report 2023, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “The report underlines how the gap in adaptation funding —at its ‘highest ever’ amid accelerating climate breakdown— must be addressed with the utmost urgency next month in Dubai."

Negotiators at the UN climate talks have narrowly avoided a collapse, agreeing to the bare minimum deal possible.

Oxfam water engineers are having to drill deeper, more expensive and harder-to-maintain water boreholes used by some of the poorest communities around the world, more often now only to find dry, depleted or polluted reservoirs. 

The EU position on climate finance for the Paris climate summit was adopted today by the EU Finance Ministers. Unfortunately, it falls short of what is needed to deliver a strong deal in Paris that empowers the world’s poor to cope with the current and future impacts of climate change and to develop in a less polluting way so that their carbon emissions don’t add to the climate change problem.According to Climate Action Network (CAN) Europe, Oxfam and WWF, the EU’s weak climate finance offer risks undermining its alliance with vulnerable countries in the Paris climate negotiations…