European governments could drop their aid pledge to developing countries — known as the 0.7 percent aid target — as disagreements between member states ahead of the May 26 Foreign Affairs Council threaten to derail the EU’s historic anti-poverty commitment, Devex has learned.
Negotiations among EU ministers on “A New Global Partnership for Poverty Eradication and Sustainable Development after 2015” have stalled, including the recommitment to the 0.7 percent of gross national income target for official development assistance.
According to a Brussels insider who spoke to Devex under condition of anonymity, no consensus has been reached and member state delegations cannot agree on a deadline to reach the 0.7 percent target.