This briefing examines reported international public climate finance flows, taking into account the funding commitments of developed countries. Oxfam’s analysis finds that the most vulnerable people and communities are being neglected by funds that should be helping them.
European Governments are increasingly relying on bioenergy as a cheap way to meet targets for renewable energy. Bioenergy represented 62% of EU’s renewable energy use in 2012. But new evidence on the real climate impacts and other environmental and social impacts of bioenergy has made its use increasingly controversial.
People around the world are trapped in a ‘toxic triangle’ made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up global temperatures, putting 400 million people at risk of hunger and drought by 2060.
Climate change is already making people hungry, and the use of fossil fuels is largely to blame, representing the single biggest source of greenhouse gas emissions globally.