Skip to content
CharitiesAidWelfare, Environment

Oxfam reaction to Australia rejoining Green Climate Fund

Oxfam Australia < 1 mins read

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.  

“Australia has an opportunity to step up its global leadership on climate action by advocating for the Fund to be more effective for the most climate vulnerable countries in our region, particularly in the Pacific, and we stress the importance of listening to the calls of our Pacific neighbours who are disproportionally affected by the impacts of the climate crisis.

“We also welcome Minister Wong’s recent announcement to support technical experts in Pacific Island countries to facilitate access to climate finance. These are positive signs that the Australian Government is listening to our Pacific neighbours.

“Although the Green Climate Fund commitment shows promise, we are concerned that the contribution is described as ‘modest,’ given the increasing need for climate finance contributions to support climate-impacted nations like the Pacific.  

“Australia’s international climate finance still remains considerably well below what it should be providing as its fair share. Rich polluting nations like Australia need to drastically cut their emissions and provide climate finance to frontline communities so they can adapt to the impacts of climate change, and be compensated for losses and damages they've incurred as a result. 

“We urge the Labor Government to shape regional and global climate responses by committing an additional $700 - $990 million to the Green Climate Fund as part of its commitment to rejoin.” 

For interviews, contact Lucy Brown on 0478 190 099/


More from this category

  • CharitiesAidWelfare, Sport Recreation
  • 27/02/2024
  • 15:58
Australian Red Cross

The race for all humans: Australian Red Cross calling on Aussies this March

Australian Red Cross is calling on you to be a champion for humanity this March. At any time during the month, The Human Race asks participants to run, ride, relay, roll or even row for their fellow human. Australian Red Cross Chief Funding Officer, Jason Laufer, said The Human Race, in its second year, is a campaign designed to give Australians the opportunity to show their support and do their bit for those less fortunate. “Unlike most other fun runs or walks we’re not asking people to compete against each other or even squeeze all their activity into one day.…

  • Energy, Environment
  • 27/02/2024
  • 12:38
Schneider Electric

Schneider Electric launches Alliance SI Energize program to support systems integrators

New Alliance SI Energize Program launches to empower systems integrators (SIs) to become industrial technology and sustainability experts. SIs will have access to new training, enablement, and commercial benefits to drive business growth. The first-of-its-kind program will be rolled out across Australia and New Zealand, before expanding globally in 2024. Sydney, Australia- Schneider Electric, a leader in digital transformation of energy management and automation, has launched a first-of-its-kind Alliance SI Energize Program across Australia and New Zealand. The all-new program has been specifically created to empower system integrators (SIs) to become industrial technology and sustainability experts. SIs will now be…

  • CharitiesAidWelfare
  • 27/02/2024
  • 11:22
Oxfam Australia

Less than 8 cents in every dollar of tax revenue collected in G20 countries comes from taxes on wealth, says Oxfam

A “war on fair taxation” has seen tax rates on the wealth and income of the richest collapse. For every $1 raised in tax in G20 countries, less than 8 cents comes from taxes on wealth. The top 1 percent of earners in G20 countries have seen the top tax rates on their income fall by roughly a third in recent decades, while their share of national income has increased by 45 percent. A modest wealth tax of up to 5 percent on the G20’s richest individuals could bring in nearly $1.5 trillion a year. Less than eight cents in…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.