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True value of climate finance is just a third of that reported by developed countries: Oxfam
The true value of money provided by developed countries to help developing nations respond to the climate crisis may be just a third of the amount reported, according to Oxfam estimates published today. Oxfam’s Climate Finance Shadow Report 2020 estimates that donors reported $59.5 billion USD per year on average in 2017 and 2018 –…
The Hunger Virus: ‘Abysmally low’ funding for 55 million people facing extreme hunger in 7 worst-affected countries
The threat of “COVID-19 famines” and widespread extreme hunger is setting off every alarm bell within the international community, but so far sluggish funding is hampering humanitarian agencies’ efforts to deliver urgent assistance to people in need. A new Oxfam analysis says that the international community’s response to global food insecurity has been dangerously inadequate.…
Donors slash funding to Yemen by half to 25 US cents a day per person in need
Catastrophic impact of cuts to funding already being felt Donors have given the equivalent of 25 US cents per day for each of the 24.3 million people in need in Yemen, about half the amount given last year, Oxfam warned today. The dramatic cut comes despite COVID-19 heaping further challenges on a country already suffering…
Oxfam Canada applauds Canadian leadership to end COVID everywhere and build back better
Ottawa – Today the Prime Minster made substantive commitments to advance the fight against COVID-19 around the world and to fuel investment and action by other nations. “We applaud Canada’s leadership at the UN General Assembly, announcing $400 million in new international assistance funding to support some of the most vulnerable communities and countries in the…