Putting the foxes in charge of the chicken coop…
ASW
Published on Friday, June 6, 2008 by One World.net
World Bank Called ‘Unqualified’ to Run Climate Fund
By Alison Raphael
WASHINGTON – Organizations from 40 countries called on leaders of the developing world yesterday to oppose World Bank plans to establish a “Clean Technology Fund” that they fear will have little or no impact on halting global warming.0606 03 1
“The Clean Technology Fund [includes] no definition of clean technology,” said Kenny Bruno, international program director for Oil Change International, one of the signatory groups.
By leaving definitions of key terms hazy, the groups argue, the World Bank leaves the door open to use scarce resources in support of energy initiatives likely to have only a minor impact on climate change.