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Responding to the Climate Ambition Summit proceedings, Tim Gore, Head of Climate Policy at Oxfam said:  “The Climate Ambition Summit lacked real ambition. World leaders must step up in the next 12 critical months to pull the world back from the brink of catastrophic climate change.”       

The worst flooding the Philippines has seen in decades highlights the urgent need for US leadership to push UN climate change negotiations in Bangkok forward to help ensure the best chance of securing a global climate treaty in Copenhagen.

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

How to ensure the trillions of dollars of incremental investment needed in the energy and climate-related sectors to promote low-carbon development is both socially responsible and addresses both mitigation of greenhouse gas emissions and resilience to climate change impacts?

The fact that the IMF is proposing that adaptation efforts are funded by grants rather than loans is positive. But this will only work if developed countries ensure the money is there to resource this vital assistance to vulnerable countries.

Negotiators have given themselves the tools to build a stronger deal in Paris, but governments must now put them to good use. Oxfam will continue to press for a climate deal for the world’s poorest people. Exclusion of civil society from the process that has characterized the meeting in Bonn must not be a precedent for Paris.

Proposals from Denmark, which is chairing the climate negotiations, and the emerging developing economies the content of a final deal in Copenhangen have emerged today

The UNFCCC report on climate finance says that between $340 and $650 billion in finance for climate action is flowing globally with $40-175 billion going to developing countries each year. This report on climate finance makes one thing abundantly clear: only a small proportion of climate finance is flowing from developed countries to developing countries.

Climate-fuelled disasters were the number one driver of internal displacement over the last decade – forcing an estimated 20 million people a year from their homes. While no one is immune, it is overwhelmingly poor countries that are most at risk.

New research by Oxfam and CARE Climate Justice Centre, published today, finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive - for every 5 dollars they receive they are paying 7 dollars back.