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Europäischer Rechnungshof

Court of Auditors: Too few controls of cohesion funds

Cohesion spending accounts for more than a third of the EU's multi-annual budget: around €427 billion. However, the money often does not flow correctly, as the Court of Auditors criticizes. It sees several reasons for this.

By Redaktion Table

Oxfam: Why only 35 billion USD is genuine climate finance

According to Oxfam's calculations, only a fraction of climate finance can be considered genuine support for poorer countries. The high proportion of loans at market rates, as noted by the NGO, dilutes official OECD figures. Oxfam calls for reforms in reporting requirements.

By Nico Beckert