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Rich countries’ obsession with private finance means millions of poor and vulnerable people could be left to face increasingly extreme and erratic climate alone warned Oxfam today as minist

The European Commission today published – as part of its “summer package” – a legislative proposal to reform the EU Emissions Trading Scheme (ETS). The Commission has failed to use this key opportunity to help address a key stumbling block in the climate negotiations: the provision of predictable and additional climate finance.  

Oxfam strongly condemns the brutal sexual assault and subsequent death of a young woman in Delhi and calls for immediate systemic response to the increasing trend of violence against women in the country.

Europe is putting a global climate deal at risk and threatening the lives of millions of the world’s poorest, said development agency Oxfam International, as Environment Ministers met today to hammer out Europe’s position for a post-2012 global deal.

“The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”

Today European Finance Ministers agreed their common position for the United Nations COP 19

Climate talks in June will go nowhere unless rich countries close the gap between what scientists and poor countries say is needed and what they are prepared to deliver warned international agency Oxfam, as negotiations came to a close in Bonn today.

Two years ago, rich nations promised to deliver a legally binding climate deal in Copenhagen. Now rich countries have admitted to back peddling in order to accommodate the US.

Celebrity Oxfam campaigners will be joining tens of thousands of demonstrators at a mass rally and candlelight vigil in Copenhagen on Saturday 12 December in support of a fair, ambitious and binding climate deal.

The 150 countries that have now publicly committed to carbon reduction pledges show that December’s UN climate summit in Paris could, at last, be built on international cooperation rather than competition.