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 […]
Oxfam welcomes the acknowledgement by Pacific leaders that the response to the climate crisis must involve a just and equitable transition away from fossil fuels, but highlights that leaders need to set clear timeframes for action using genuine science-based targets to meet the needs for the Asia Pacific region in response to the climate crisis. […]
The ratio of Australia’s spending on domestic climate action is six times higher than its support for global initiatives, falling short of its obligations to assist developing countries like the Pacific in responding to the impacts of climate change, according to new report – ‘If you break it, fix it: Australia’s global obligations for a […]
In response to the announcement that Australia will lift its climate finance spend from $2 billion to $3 billion between 2020-2025, Oxfam Australia Climate Justice Strategic Lead Melissa Bungcaras said: “Oxfam welcomes the announcement yesterday that Australia is increasing its climate finance to countries in our region at threat from devastating climate change impacts. This […]
In response to the announcement that Australia will rejoin the global Green Climate Fund, Oxfam Australia Climate Justice Strategic Lead Melissa Bungcaras said: “Oxfam welcomes the announcement yesterday that Australia will rejoin the Green Climate Fund – the major global climate finance fund supporting developing countries to respond to the impacts of the climate crisis. […]
Fresh analysis from Oxfam has found that Australia’s per capita emission levels are three times higher than what is required to avoid catastrophic climate change, as Prime Minister Albanese prepares to fly to India for the G20 Summit. This highlights that Australia must not only substantially increase our carbon pollution reduction efforts at home, but […]