climate finance

World Bank $200bn climate investment welcome but financial terms and continued fossil fuels investments remain a challenge

4 December 2018

The World Bank's $200bn climate investment announcement at the UN Climate Conference COP24 is welcome, but must be new money that can help tackle poverty.
‘One Planet’ climate summit mostly out of touch with the needs of those most threatened by climate change

12 December 2017

The needs of people living in poverty and suffering from the effects of climate change were mostly put aside at the “One Planet” climate change summit in Paris.
‘One Planet’ summit must help those on the front lines of climate change

11 December 2017

Tuesday’s climate summit in Paris must boost the financial support going to help poor communities adapt to climate change. The Paris Agreement promised rich governments would mobilize $100 billion per year by 2020, with a "balance" between funding for emission cuts and climate adaptation needs. However, the adaptation pledges have fallen short.
Quick ratification of Paris agreement welcome, but EU now needs to translate words into action

4 October 2016

Oxfam welcomes the fast-track ratification of the Paris climate agreement by the EU. Now, EU governments have to show their practical commitment to protect people and the planet from global warming.
Unfinished business

16 May 2016

Climate change is a brutal reality confronting the world’s most vulnerable people. Their need for financial support to adapt to climate extremes is urgent and rising.
No movement on key issues in new Paris text - this is crunch time at COP21

9 December 2015

“There is still a long way to go: this is crunch time. The chance to set new funding targets from when the Paris deal comes into force in 2020 is still very much on the table and needs to stay there if developing countries are to have any hope of more support in the years ahead."
Game-Changers in the Paris Climate Deal

25 November 2015

There is likely to be a climate deal in Paris. The emission pledges that more than 150 governments have put on the table this year show that global climate ambition is increasing. In this briefing Oxfam looks at potential game-changers on finance and mitigation ambition that could avert these costs for the world’s poorest people.
EU weakens its alliance with vulnerable countries

10 November 2015
Some progress on inequality and climate change in Lima amid tax disappointment

10 October 2015

At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.
Finance ministers in Lima agree to scale up climate funds, but not for the poorest

9 October 2015

Oxfam welcomed reports of increased climate finance pledges made by finance ministers in Lima today, but warned that only a fraction is meant to help countries most vulnerable adapt to the devastating effects of climate change.