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The world has entered a new and dangerous era of climate change impacts, causing huge loss and damage and driving up inequality in the world’s poorest countries that have contributed least to the climate crisis. Yet, new research by Oxfam estimates that nearly half of funding requirements for UN humanitarian appeals linked to extreme weather have gone unmet.

Today, the European Commission released their Fit for 55 legislative package. This bundle aims to revise the EU’s current 2030 climate and energy rules. The package will implement the goal of reducing average EU carbon emissions by 55% in 2030. In response to the package, Evelien van Roemburg, Oxfam EU Head of Office said: “We are at a tipping point in the fight against the climate crisis. The EU has the opportunity to keep us from tipping over the edge by capping the rampant increase in global temperatures to 1.5° Celsius."

With the United Nations’ climate conference drawing to a close, it’s clear there’s been very little progress on how to help people affected by climate change, despite record-breaking hurricanes and catastrophic floods dominating headlines this year.

Many rich countries are using dishonest and misleading accounting to inflate their climate finance contributions to developing countries – in 2020 by as much as 225 percent, according to investigations by Oxfam.

In response to the new draft text of a Lima agreement Jan Kowalzig, policy advisor for Oxfam, said: “This text needs significant improvement. The options presented are like a choose your own adventure novel, some could put us on a barely workable path heading into Paris, while others may doom us to a dangerous future. The ingredients for some progress in Lima are on the table, but negotiators need to have the courage to use them. Unless the text…

Over 50 million people are in need of immediate food assistance in the Horn East and Central Africa, with numbers expected to rise significantly as the region braces for harsh, climate fuelled La Niña conditions, said Oxfam today. The warning comes as world leaders prepare to meet for a virtual Climate Ambition Summit.   

Governments must phase out fossil fuels, rapidly reduce emissions, provide remedy to those facing climate damages and provide climate finance.

The devastation being wrought by typhoon Hagupit must break the stranglehold of complacency that has gripped the first week of climate negotiations at COP 20 in Lima, Peru said international relief organization Oxfam.

After another year of extreme weather, developing countries face a looming climate ‘fiscal cliff’ at the end of 2012. Yet new Oxfam research finds most climate finance pledges so far have been recycled funds or loans.

In October 2024, Oxfam published “Climate Finance Unchecked,” a report diving into a significant oversight in the World Bank’s climate finance record-keeping. Specifically, the Bank’s method estimates climate finance only at the time projects are approved, with no assessment of climate finance when projects close. This might not seem like a big deal, but it’s common for projects to change during implementation —for example, adjustments to budgets, timelines and objectives. We’ve put together a short FAQ to explain what we found and why it matters.