October 23, 2010

The World Bank - funding decades of climate injustice

The world bank has gotten in many affairs beyond their original agenda, but their carbon trading portifolio has become a significant threat to climate progress. Daphne Wysham reveals their gambit at GRIST.ORG:
Her article- Critics question World Bank’s role as carbon trader, fossil-fuel funder was published 5 years ago. It should not be too much of a surprise that the World Bank envisions itself as banker for the UN climate process, which they also seek to shape. Negotiations unraveled when their hidden role in Copenhagen was revealed. As we head toward Cancun, their cards are on the table, but they are playing the wrong game.
It is time for them to fold. MORE at DOGSPOT