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Climate finance efforts by developed countries are at a critical juncture. There are only two years before the deadline by which developed countries have committed to jointly mobilize $100bn per year to support climate action in developing countries. This briefing paper offers an assessment of progress towards this goal.
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.
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.
Climate change is already forcing people from their land and homes, and putting many more at risk of displacement in the future. This paper describes the effects on communities and how responding to these growing realities demands far stronger action towards ending global climate pollution.
People in low and lower-middle income countries were five times more likely to be forced from their homes by “sudden-onset” weather disasters, like floods and storms, than people in richer countries.
The new Asian Infrastructure Investment Bank (AIIB) will be a major new funder of infrastructure in developing Asia. This report sets out a vision for an AIIB partnership with the region’s most climate-vulnerable countries that could forge a new path of economic development.
The European Union must overhaul its current bioenergy policy, which is based on getting fuel from plants, because the industry is linked to the eviction of thousands of people from their lands, out-competing food crops, and creating more not less pollution, says Oxfam in a new report.
The Paris Agreement will officially go into effect thirty days from today, after 72 countries, representing 56.75% of global greenhouse gas emissions, ratified the deal.
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.