World Bank chief to launch carbon [swindle] fund | News | eco-business.com
Washington DC, December 7 - World Bank President Robert Zoellick is set to launch a new multi-million dollar fund in Mexico on Wednesday to help emerging market countries set up their own carbon markets, the bank said on Tuesday.
While the list of participating countries is still being finalized, they are expected to include China, Mexico, Chile and Indonesia.
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The fund, which could reach up to $100 million, will provide technical and other support to developing countries to develop their own carbon markets.
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“We know that the poorest countries will suffer the earliest and the most from climate change,” Zoellick added. “They will bear the brunt of changing weather patterns, water shortages, and rising sea levels even though they are the least equipped to deal with them.”
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2 comments:
It's all part of their climate blackmails so that there will be more climate loans racket for the WB, ADB and other foreign aid, http://funwithgovernment.blogspot.com/2010/12/climate-blackmails-and-regulations.html
If they can't extort the money from us, none of these markets will do anything.
A few insiders will make hundreds of millions and get out before they tank.
The rest...deserve their comeuppance.
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