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Begin New Search Topic Environment Content Type Policy Brief Publishing Institution Oxfam Publishing Publication Year within 5 Years

1. Footing the Bill: Fair finance for loss and damage in an era of escalating climate impacts

Author:
Tracy Carty and Lyndsay Walsh
Publication Date:
06-2022
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The world has entered a new and dangerous era of climate change impacts, causing huge loss and damage and driving up inequality in the world’s poorest countries and communities that have contributed least to the climate crisis. New research by Oxfam estimates that funding requirements for UN humanitarian appeals linked to extreme weather are eight times higher than they were 20 years ago, and over the past five years nearly half of appeal requirements have gone unmet. Funding for emergency humanitarian response is piecemeal and painfully inadequate, as is broader support to address loss and damage such as rebuilding homes and vital infrastructure. Scaled-up financial support from governments, corporations and individuals most responsible for causing the climate crisis, and most able to pay, is an immediate necessity. A new finance facility must be created to help ensure that finance to address loss and damage is accessible and sustained, is additional to adaptation, mitigation and ODA commitments, and is delivered in accordance with the principles of climate justice.
Topic:
Climate Change, Environment, Infrastructure, and Finance
Political Geography:
Global Focus

2. Climate Finance in West Africa: Assessing the state of climate finance in one of the world’s regions worst hit by the climate crisis

Author:
Norman Martin Casas and Azara Remalia Sanogo
Publication Date:
09-2022
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
In West Africa/Sahel, countries and their communities are experiencing the worst impacts of the climate crisis. Elsewhere, Paris Agreement climate finance commitments are set to prioritise the countries that are most impacted by climate change. However, new research by Oxfam shows that, despite West Africa/Sahel being one of the world’s most climate-vulnerable regions, the international climate finance received falls far short of meeting national climate finance needs and is being significantly over-reported in favour of debt instruments. Adaptation finance is also insufficient. Reported climate finance does not place gender equality at the centre, and only a small part directly reaches local actors. In light of this, developed countries and other donors should scale up grant-based adaptation finance that reaches the local level and responds to the real needs of particularly hard-hit regions such as West Africa/Sahel.
Topic:
Climate Change, Development, Environment, and Finance
Political Geography:
Africa, West Africa, and Sahel

3. Unaccountable Accounting: The World Bank’s unreliable climate finance reporting

Author:
Jason Farr, James Morrissey, and Christian Donaldson
Publication Date:
10-2022
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Despite being the largest multilateral provider of climate finance, the World Bank supplies very little evidence to support its claims about the amount of climate finance it provides. Oxfam has attempted to recreate the Bank’s reported climate finance figures using public information for projects in the Bank’s FY2020. Oxfam found that the Bank’s current climate finance reporting processes are such that its claimed levels of climate finance cannot be independently verified and could be off by as much as $7bn, or 40%. Without better disclosure practices, the World Bank is asking us to take much on faith. Climate finance funding is too important for us to do that. The World Bank must be more transparent in its reporting so that it can be held to account.
Topic:
Climate Change, Environment, International Cooperation, World Bank, Climate Finance, and Banking
Political Geography:
Global Focus

4. Climate finance in Asia: Assessing the state of climate finance in one of the world’s most climate vulnerable regions

Author:
Christopher Roy
Publication Date:
11-2022
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Asia is particularly vulnerable to climate hazards including extreme temperatures, flooding, droughts, cyclones, and sea level rise. The most vulnerable communities need financial support to help adapt to the climate crisis – they cannot do so alone. Developed countries have promised $100 bn in climate finance to developing countries every year until 2025. This promise has not been met. Asian countries have outlined the support they require and delivering on these needs is integral to bringing climate justice to those most vulnerable to – yet least responsible for – the climate crisis. We find that the climate finance provided to Asia is woefully inadequate to support the necessary adaptation actions and vulnerable communities are suffering as a result.
Topic:
Climate Change, Environment, Finance, and Climate Finance
Political Geography:
Asia

5. Shining a Spotlight: A critical assessment of food and beverage companies’ delivery of sustainability commitments

Author:
Emma Fawcett and Suzanne Zweben
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
From 2013 to 2016, Oxfam's Behind the Brands campaign called on the world’s 10 biggest food and beverage companies to adopt stronger social and environmental sourcing policies and spurred significant commitments on women’s empowerment, land rights and climate change. Now, as the coronavirus pandemic worsens inequality and food insecurity around the world, we assess whether the companies have taken meaningful steps to implement the commitments they made in response to the campaign. In this report we find that while companies have taken action at the global level, progress stalls in translating those approaches to countries and through supply chains. There are positive examples and innovations happening in key sourcing countries. But key blockages must be addressed – including by providing the right incentives, disclosing suppliers and supporting suppliers to take up the agenda – to create change at scale.
Topic:
Environment, Food Security, Land Rights, Supply Chains, and Gender
Political Geography:
Global Focus