Africa

Oxfam and CARE Climate Justice Centre argue that wealthy nations are profiteering through climate finance loans. Credit: CARE Climate Justice Center

By Oxfam and CARE Climate Justice Center
THE HAGUE, Netherlands , Oct 8 2025 (IPS)

New research by Oxfam and the CARE Climate Justice Centre finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive—for every USD 5 they receive, they are paying USD 7 back, and 65 percent of funding is delivered in the form of loans.

This form of crisis profiteering by rich countries is worsening debt burdens and hindering climate action. Compounding this failure, deep cuts to foreign aid threaten to slash climate finance further, betraying the world’s poorest communities, who are facing the brunt of escalating climate disasters.

Some key findings of the report:

• • Rich countries claim to have mobilized USD 116 billion in climate finance in 2022, but the true value is only around USD 28–35 billion, less than a third of the pledged amount.
  • Nearly two-thirds of climate finance was made as loans, often at standard rates of interest without concessions. As a result, climate finance is adding more each year to developing countries’ debt, which now stands at USD 3.3 trillion. Countries like France, Japan, and Italy are among the worst culprits.
  • Least Developed Countries got only 19.5 percent and Small Island Developing States 2.9 percent of total public climate finance over 2021-2022 and half of that was in the form of loans they have to repay.
  • Developed nations are profiting from these loans, with repayments outstripping disbursements. In 2022, developing countries received USD 62 billion in climate loans. We estimate these loans to lead to repayments of up to USD 88 billion, resulting in a 42 percent ‘profit’ for creditors.
  • Only 3 percent of finance is specifically aimed at enhancing gender equality, despite the climate crisis disproportionately impacting women and girls.

“Rich countries are treating the climate crisis as a business opportunity, not a moral obligation,” said Oxfam’s Climate Policy Lead, Nafkote Dabi. “They are lending money to the very people they have historically harmed, trapping vulnerable nations in a cycle of debt. This is a form of crisis profiteering.”

This failure is occurring as rich countries are conducting the most vicious foreign aid cuts since the 1960s. Data by the OECD shows a 9 percent drop in 2024, with 2025 projections signaling a further 9–17% cut.

As the impacts of fossil fuel-fueled climate disasters intensify—displacing millions of people in the Horn of Africa, battering 13 million more in the Philippines, and flooding 600,000 people in Brazil in 2024 alone—communities in low-income countries are left with fewer resources to adapt to the rapidly changing climate.

“Rich countries are failing on climate finance and they have nothing like a plan to live up to their commitments to increase support. In fact, many wealthy countries are gutting aid, leaving the poorest to pay the price, sometimes with their lives,” said John Norbo, Senior Climate Advisor at CARE Denmark. “COP30 must deliver justice, not another round of empty promises.”

Adaptation funding is also critically underfunded, receiving only 33 percent of climate finance, as investors favor mitigation projects with more immediate financial returns.

Ahead of COP30, Oxfam and CARE are calling on rich countries to:

Live up to climate finance commitments: Provide the full USD 600 billion for 2020–2025 and clearly outline how they plan to scale up to the agreed USD 300 billion annually, and lead on the USD 1.3 trillion Baku to Belém roadmap.

• • Stop crisis profiteering: Drastically increase the share of grants and highly concessional finance to prevent further indebting the world’s most climate-vulnerable communities.
  • Multiply adaptation finance: Commit to at least triple adaptation finance by 2030, using the COP26 goal to double adaptation financing by 2025 as a baseline.
  • Provide finance for loss and damage: The global Fund for Responding to Loss and Damage must be adequately capitalized. Victims of climate change must not continue to be ignored.
  • Mobilize new sources of finance: Raise funds by taxing the super-rich, which in OECD countries alone can raise 1.2 trillion a year, and the excess profit of fossil fuel companies globally, which could raise 400 billion per year annually.

You can read the full report here.

The CARE Climate Justice Center (CJC) leads and coordinates the integration of climate justice and resilience across CARE International’s development and humanitarian work. The CJC is an initiative powered by CARE Denmark, CARE France, CARE Germany, CARE Netherlands, and CARE International UK.

Results of a global survey by Oxfam International and Greenpeace show 8 out of 10 people support paying for public services and climate action through taxing the super-rich.

The research was conducted by first-party data company Dynata in May-June 2025, in Brazil, Canada, France, Germany, Kenya, Italy, India, Mexico, the Philippines, South Africa, Spain, the UK and the US.

The survey had approximately 1 200 respondents per country, with a margin of error of +-2.83%. Together, these countries represent close to half the world’s population.

IPS UN Bureau Report

 

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Excerpt:

Nearly two-thirds of climate finance was made as loans, often at standard rates of interest without concessions, research by Oxfam and CARE Climate Justice Centre has found.

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Képzeld el, hogy otthonod világítását teljesen a saját igényeidhez tudod igazítani. A sínes lámpák ebben segítenek, hiszen az elhelyezésük és irányításuk számtalan lehetőséget rejt magában. Akár a nappalidról, konyhádról, hálószobádról vagy gyerekszobádról van szó, ez a rendszer sokoldalúan alkalmazható.

A sínes világítás nagy előnye, hogy egyszerűen áthelyezhetőek a lámpák, és a fény irányát az aktuális hangulatod vagy szükségleteid alapján változtathatod.

Teremts hangulatos légkört a nappaliban

A nappaliban a sínes lámpák különösen praktikusak, mert különböző zónákat különböző megvilágítással láthatsz el. Az olvasósarok praktikus megvilágítást kaphat egy meleg fényt adó lámpával, míg a központi térben széles szögű fényforrások szolgálhatnak általános világításként. A TV környékén a fókuszált fényekkel kiemelheted a fali dekorációkat vagy érdekességeket. 

Praktikusan megvilágított konyha

A konyha olyan hely, ahol a megfelelő világítás elengedhetetlen. A sínes lámpák segítségével könnyedén irányíthatod a fényt a munkapult, konyhasziget és az étkezőasztal környékére. Spotlámpák alkalmazásával precíz megvilágítást biztosíthatsz, ami hozzájárul az ételek elkészítésének kényelméhez és biztonságához. A modern sínrendszerek variálhatóságát nagymértékben növeli, ha dekoratív függőlámpákat is integrálsz.

Háló: a pihenés megvilágítása

A hálószobában a sínes lámpák használatával kellemes, pihentető hangulatot teremthetsz. A mennyezeti világítás helyett választhatsz finomabb, lágyabb fényforrásokat, amiket az ágy köré helyezhetsz el. A falak mentén vagy a szekrények előtt felszerelt világítással könnyen elérheted a kívánt légkört.

Gyerekszoba – a multifunkciók királysága

A gyerekszoba az a hely, ahol a világításnak különösen sokoldalúnak kell lennie. A sínes lámpák itt is remek megoldást nyújtanak, hiszen különböző típusú világítást alkalmazhatsz a falak, a padló és az asztalok körül. Az opál diffúzoros lámpák kellemes általános fényt adnak, míg az íróasztal mellett helyi világítást helyezhetsz el a tanuláshoz.

Az irodai világítás előnyei

Az irodai környezetben a sínes világítás rugalmassága révén biztosíthatod, hogy a fény mindig a megfelelő helyre kerüljön. A lámpák gyors áthelyezésének lehetősége növeli a hatékonyságot, a minőségi világítással pedig kiküszöbölhető a szemfáradtság. Ilyesmi különösen fontos lehet tervezői vagy mérnöki munkáknál, ahol elengedhetetlen a megfelelő színvisszaadás és a precíz megvilágítás.

Az Elter Világítást is érdemes megemlíteni, mint a hazai piac meghatározó szereplőjét. A családi vállalkozás immár 30 éve foglalkozik lámpák kis- és nagykereskedelmével, és három bemutatótermük is van országszerte. A világítást nem csupán termékeik szorulnak rájuk, hanem világítástervezést, tervezést és beszerelést is vállalnak. Engedd szabadjára a kreativitásodat, és hozz létre otthonodat teljes mértékben kielégítő megvilágítási megoldásokat!

The post Rugalmas világítási megoldások: sínes lámpák az otthonodban appeared first on Biztonságpiac.

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is another manifestation of today’s shifting power relations and multipolarity. Similarly, the recent entry of the African Union (AU) into the G20 underscores the external recognition of Africa’s importance. Moreover, it demonstrates the continent’s growing ambition to shape international politics and defend its interests vis-à-vis the rest of the world. [... ]A common thread running through all the chapters in this volume is that in Africa, multi-polarity is not simply a tale of the decline of the West and the rise of competitors like China, Russia, the UAE and Turkey. Rather, there is a complex reconfiguration of power relations under way in which African governments, institutions and societies have their say in negotiating the terms of engagement with the rest of the world, despite the undeniable persistence of asymmetries in terms of material power.

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A COP action agenda is not only for those who negotiate agreements but also for those, such as the indigenous people and local communities, essential for putting them into practice. Credit: Joyce Chimbi/IPS

By Joyce Chimbi
NAIROBI, Oct 8 2025 (IPS)

Once a year, the COP presidency or the role held by the Minister of Environment from the host government at a Conference of the Parties (COP) meeting, sets out on an ambitious, year-long journey in hopes of delivering the climate deal of a lifetime.

A deal that could stop and reverse the negative shifts in temperatures and weather patterns, such as intense flooding and prolonged drought, currently wreaking havoc all over the world, leading to loss of life, damage and destruction to property and a real threat of whole territories being wiped off the map.

Over the years, climate action or initiatives and measures to stop or at least reduce this loss and damage, has expanded, with companies setting out to reduce and ultimately end emission of harmful gases into the atmosphere, cities launching local measures to better cope with climate change, and indigenous communities restoring damaged ecosystems.

But these and many other replicable solutions are ongoing in isolation in every corner of the world. The COP30 presidency, now in the hands of Brazil, is working jointly with the UN Climate High-Level Champions team to ensure that in all matters climate, the right hand will, at all times and in real time, know what the left is doing.

A first in the history of COP, they have jointly developed and launched the Granary of Solutions, a platform that features concrete actions and instructive case studies designed to drive progress for people, the climate, and the global economy. The platform showcases a wide range of initiatives already driving change in various corners of the world. While many of the links are not yet populated, the aim is to provide an easily searchable database of climate fixes.

From weather information systems co-created with local communities to private-sector innovations in marine biofuels for cleaner shipping to subnational government actions that combine conservation, restoration, and sustainable production, these examples will showcase practical solutions delivering real-world results for people on the frontlines of climate change.

In other words, it is a showroom of successful climate action or initiatives and measures taken by individuals, communities, companies and governments to address climate change and its devastating impacts. Built on hundreds of initiatives and coalitions launched since COP21 in Paris, the granary brings together existing solutions and is open to the new contributions of best practices.

The granary is informed by the mantra that action leads to more action and that the more people learn about high-impact solutions to climate change, the more likely they are to do the same in their communities. This way, the UN and COP30 presidency believe the global community will accelerate and scale up solutions and impact in line with the Global Stocktake and the goals of the Paris agreement, adopted during COP21.

The global stocktake is a UN report card released after a periodic review of the world’s collective progress towards the goals of the Paris Agreement. The first report card was completed during COP28 in 2023, after a global inventory of ongoing measures to meet the climate crisis demand as outlined in the Paris Agreement.

The agreement has 196 Parties, comprising 195 countries plus the European Union. It is a legally binding international treaty adopted within the UN Framework Convention on Climate Change (UNFCCC) with the goal of limiting global warming.

UNFCCC is the multilateral, involving many parties, environmental agreement adopted in 1992 to prevent dangerous human interference with the climate system. It is the parent agreement for other key international climate agreements, such as the Paris Agreement, that primarily seek to ensure global average temperatures do not rise above pre-industrial levels.

This agreement is critical, as it changed how climate change is discussed and addressed by shifting from a top-bottom approach and opening the door for cities, regions, investors, businesses and civil society to contribute more directly as opposed to just governments. It is within this context that many different actors can contribute to the granary of solutions and help close the gaps identified in the 2023 UN’s global stocktake.

Home to real, replicable solutions that are already delivering impact, the granary of solutions is meant to be a trusted source to speed up global climate action. Only practical climate actions that align with the global stocktake and the Paris Agreement are included.

Experience of the past decade has shown that while the UNFCCC has broadened participation and resulted in significant progress in achieving global climate goals, it has not led to stronger coordination, clearer delivery, and more consistent support to boost action all over the world. The granary will connect efforts across countries and sectors.

It will also be the springboard for the COP30 action agenda. Since COP21, when the Paris Agreement was reached, every COP has established an agenda or a set of issues on the table for negotiation in line with the Paris Agreement and the overall UNFCCC goal.

It is this agenda of negotiations that then produces the annual COP agreement adopted by all the countries party to the Paris Agreement and is valid as international law. Importantly, the Action Agenda also engages actors who do not negotiate agreements, yet are essential for putting them into practice.

Drawing from the first global stocktake and the granary of solutions, the COP30 action agenda is a comprehensive framework or unified plan to mobilize all actors around new and existing initiatives designed to meet the climate crisis demands in the next five years. The next UN global stocktake will be implemented in 2028, as the process is designed to occur every five years.

Against this backdrop, the COP30 agenda is organized around six key areas: transitioning energy, industry, and transport; stewarding forests, oceans, and biodiversity; transforming agriculture and food systems; building resilience for cities, infrastructure, and water; and fostering human and social development.

Other issues, such as finance, technology, and capacity building, are considered cross-cutting. In all, objectives range from tripling renewable energy capacity and halting deforestation to achieving universal access to clean cooking and ensuring safe, sustainable and equitable water systems.

Through these six key areas, the COP30 agenda speaks directly to the first Global Stocktake by translating its findings into concrete solutions such as providing finance, technology and capacity building to undertake the climate actions or initiatives that can reduce or prevent climate change to hasten the implementation of the objectives of the Paris Agreement and the overall goals of the UNFCCC.

IPS UN Bureau Report

Note: This explainer is published with the support of Open Society Foundations.

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Excerpt:

Since COP21 in Paris, thousands of climate solutions by communities, businesses, cities, regions, and financial institutions have been developed in pursuit of the goals of the Paris Agreement. Now COP 30’s searchable database and platform, the Granary of Solutions, should make these accessible to all.

Mit drei verpassten Dopingtests hat Mixed-Martial-Arts-Kämpfer Conor McGregor gegen die Anti-Doping-Bestimmungen verstossen. Nun ist das Strafmass bekannt: Der Ire muss 18 Monate aussetzen.

Wednesday 8 October

Source : © European Union, 2025 - EP

Wednesday 8 October

Source : © European Union, 2025 - EP