With news breaking that a climate deal has been reached in Copenhagen, Oxfam America released the following statement:

The framework unveiled in Copenhagen today pulled us back from the brink, said international organization Oxfam America.

David Waskow, climate change program director for Oxfam America, said:

“This political agreement must be the floor and not the ceiling. We must now urgently get back to the table and finally make the hard decisions needed to deliver a fair, ambitious and binding climate deal.”

“Millions of people in the US and around the world have mobilized for climate action. Their hopes must drive this process.”

“The US and other countries made progress by saying that financing for developing countries to weather climate impacts and adopt low-carbon development should be $100 billion a year. But it is still unclear how this money will be generated and delivered to the most vulnerable people.”