According to Oxfam, about $50 billion "is needed to help developing countries cope with the impacts of global warming including droughts, floods, storms and rising sea levels," the Press Association writes. Diverting that money from existing pledges could prevent 8.6 million people from accessing HIV/AIDS treatment and reverse progress related to Millennium Development Goal targets, Oxfam said. The report says that money to combat climate change should be provided "in addition" to the 0.7 percent of GDP developed nations have promised "to improve the lives of people in some of the world's poorest countries - or efforts to tackle poverty will stall," according to the news service (9/15).

According to Xinhua, Oxfam's message comes ahead of President Barack Obama's "first U.N. address on climate change," which will take place on Sept. 22 in New York (9/16).

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