Climate cash for poor countries 'has not materialised'

by Babel-Fish | November 24, 2009 at 06:16 pm

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Well does this mean that there is another corruption scandle like cash for oil? It seems there is bad accounting and what is ment by "bilateral and multilateral" ways? Or is it just a case of sorry we forgot to send the money or we pledged only to look good?

Large sums promised to developing countries to help them tackle climate change cannot be accounted for, a BBC investigation has found.

Rich countries pledged $410m (£247m) a year in a 2001 declaration - but it is now unclear whether the money was paid.

UN Secretary General Ban Ki-moon has accused industrialised countries of failing to keep their promise.

The EU says the money was paid out in bilateral deals, but admits it cannot provide data to prove it.