UN Climate Fund Wants $100 Bil. Per Year

Discussion in 'Politics & Religion' started by pspr, Mar 23, 2012.

  1. pspr


    Not only do they want to rape us for the money, they want immunity from being sued or stopped.

    The Green Climate Fund, which is supposed to help mobilize as much as $100 billion a year to lower global greenhouse gases, is seeking a broad blanket of UN-style immunity that would shield its operations from any kind of legal process, including civil and criminal prosecution, in the countries where it operates.

    There is just one problem: it is not part of the United Nations.

    Whether the fund, which was formally created at a UN climate conference in Durban, South Africa last December, will get all the money it wants to spend is open to question in an era of economic slowdown and fiscal austerity.

    Its spending goal comes atop some $30 billion in "fast start-up" money that has been pledged by UN member states to such climate change activities.


    According to an official of the US Treasury, which strongly supports the existence of the GCF, the full extent of the immunities still remains to be worked out by the fund board, although the wording of various UNFCCC resolutions indicate that immunities like those held by the UN are clearly envisaged.