Oxfam – Footing The Bill – Fair finance for loss and damage in an era of escalating climate impacts

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Oxfam estimates that funding requirements for UN humanitarian appeals linked to extreme weather are eight times higher than they were 20 years ago.

Over the past five years nearly half of appeal requirements have gone unmet.

A new finance facility must be created to help ensure that finance to address loss and damage is accessible and sustained.

The costs of climate impacts will continue to skyrocket with every fraction of a degree of warming.

Low-income countries are paying the price of a climate crisis they are least responsible for.