Published: July 9th, 2024,
Last updated: May 28th, 2025

Oxfam identifies only 35 billion dollars from international climate finance as actual support for poorer countries. According to Oxfam, more than two-thirds of the 116 billion dollars paid by industrialized countries in 2022 for climate finance, as reported by the OECD, cannot be considered genuine support. This is because they either need to be repaid or lack a clear climate focus.