March 25, 2012
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.
This article was posted: Sunday, March 25, 2012 at 11:07 am