Rich countries 'short-changing' developing world with financial support to tackle climate change

Banners at the Cop28 Climate Conference the day before its official opening on November 29, 2023, in Dubai. Oxfam has said the upcoming Cop29 conference and the new climate finance deal will be of critical importance to countries urgently in need of support. Picture: Sean Gallup/Getty

The Irish Government must be more transparent about where climate finance grants are going, Oxfam has said, as a new report from the charity claimed richer countries are “short-changing” poorer nations when it comes to climate change.

Oxfam said rich countries were being “duplicitous” around the financial support they were giving to the developing world to help countries cope with the effects of climate change and overstating how much support they give by up to €82bn.