Oxfam: Rich countries must not raid aid to pay climate debt

A new Oxfam report has warned that at least 4.5 million children could die unless world leaders deliver additional funds to help poor countries fight the growing impact of climate change, rather than diverting it from existing aid promises. The report, ‘Beyond Aid,’ also warns that at least 75 million fewer children are likely to attend school and 8.6 million fewer people could have access to HIV/AIDS treatment if aid is diverted to help poor countries tackle climate change. Without at least $50 billion a year in addition to the 0.7 per cent of national income rich countries have already pledged as aid, recent progress toward the Millennium Development Goals could stall and then go into reverse. Source: Oxfam, http://tinyurl.com/yc5atwj

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