Oxfam analysed the largest climate adaptation projects of the Asian Development Bank in the region and discovered that the actual adaptation finance could be off by 44 percent—$0.9 billion instead of the reported $1.7 billion. The new report, ‘Unaccountable Adaptation: The Asian Development Bank’s overstated claims on climate adaptation finance’, assessed the bank’s climate finance […]
As the ASEAN (Association of Southeast Asian Nations)-Australia Special Summit commences this week in Melbourne, Oxfam is calling for the Australian government and other world leaders attending to ramp up ambition to tackle the climate crisis in the region, beginning with an urgent phase out of Australia’s massive coal and gas exports, and an increase […]
In response to the outcome of COP28, Oxfam International’s Climate Change Policy Lead Nafkote Dabi said: “Everyone fighting against the global climate crisis has little to celebrate from this disappointing COP28. Its final outcome is grossly inadequate. Oil, coal and gas won again, but they had to struggle harder to do so and their era […]
In response to the Global Stocktake draft text released overnight, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “If this current text is adopted, COP28 will be a scandal that has failed us all. It is unimaginably bad. Instead of committing to phase out all fossil fuels, it only talks about a phase down […]
As COP28 comes to a close, rich polluting nations must accelerate loss and damage compensation for countries hit hardest by climate change Six months after a historic five-season drought, massive floods have inundated vast swaths of farmland across Kenya, Ethiopia and Somalia, right in the middle of the harvest season. Over four million impacted people […]
The announcement made today that Australia will contribute $150 million in climate finance to support vulnerable communities battling the climate crisis is welcomed, but falls far short of our responsible contribution as a rich polluting country. Most notably, we are disappointed that Australia has not pledged to the newly established Loss and Damage Fund, and […]
Oxfam found that over half of climate finance reported by rich countries could put fragile states in more debt Global climate finance levels are woefully insufficient to keep warming below 1.5°C or protect people from the devastating impacts of climate breakdown —and this gap is particularly evident in countries mired in conflict or that are […]
In response to the launch by France and Kenya of an international taxation taskforce at COP28 to push for new levies to raise further money for climate action, Nafkote Dabi, Oxfam International’s Climate Change Policy Lead, said: “While the will to move the international tax agenda towards raising critical new funds for countries most affected […]
Oxfam Australia, The Climate Action Network Australia, ActionAid Australia, Caritas Australia and Edmund Rice Centre for Justice and Community Education have welcomed the landmark announcement of the establishment of the Loss and Damage Fund at COP28, and call on Australia to make an initial $100 million pledge to the Fund. The Loss and Damage Fund […]
Richest 1% of Australians emit 17 times more than the populations of Fiji, Vanuatu, Solomon Islands, Tuvalu, and Kiribati combined The richest 1 percent of the world’s population produced as much carbon pollution in 2019 than the five billion people who made up the poorest two-thirds of humanity, reveals a new Oxfam report today. It […]