Reaction to latest draft of COP26 text

"This draft text is still missing some vital elements.

"Most glaring is the lack of any mention of the finance plan for loss and damage that was proposed last night by the G77 group of developing countries. 'Acknowledging' loss and damage will not bring back the submerged homes, poisoned fields and lost loved ones. Rich countries must stop blocking progress and commit to doing something about it.

"Emission reduction targets over the next decade have us careering towards climate catastrophe. We need an unambiguous deal in Glasgow that commits governments to coming back next year, and every year after that, with improved targets that will keep the goal of 1.5 degrees alive.

"This is the final countdown. Negotiators should come back to the table armed with commitments that are equal to the challenge that millions of people around the world are facing every day."

Ends

To arrange an interview or briefing with a member the Oxfam team at COP26, please contact:

• Lisa Rutherford - Lrutherford@oxfam.org.uk / +44 7917 791836
• Kai Tabacek - ktabacek1@oxfam.org.uk / +44 7584 265 077 
• Annie Thériault - annie.theriault@oxfam.org / +51 936 307 990