EU climate funding melting?

The European Union’s development chief may be forced to name and shame France, Germany and Italy for not living up to their aid commitments, contributing to a roughly $17 billion funding gap this year.

Andris Piebalgs warned in January he would clearly identify EU countries that failed to meet their aid commitments.

“In 2010, the EU aid disbursements are likely to further grow to approximately 54-55 billion euros ($74-75 billion),” a leaked EU document seen by Reuters shows. “Many member states will most probably not reach their… aid targets. A gap of 12-13 billion euros remains.”

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