UN Treaty Creates Globalist Wealth Transfer Agencies

Matt Cover
CNSNews
December 14, 2009

[efoods]A draft proposal released by the United Nation’s climate negotiating group outlines a plan for creating two new international agencies designed to transfer technology and money from developed Western states such as the United States to undeveloped Third World Countries.

Released Friday by the Ad Hoc Working Group on Long Term Cooperative Action (AWG-LCA)–the U.N. group responsible for negotiating a successor to the Kyoto Protocol treaty at Copenhagen–the draft proposal outlines the major commitments and obligations of both developed and undeveloped nations.

Among the proposals the draft agreement outlines are a new international agency responsible for redistributing financial resources from developed countries to developing ones and another new international agency that would coordinate the redistribution of advanced technologies to those same developing countries.

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