World Bank Controlling Global Warming Spending?

papananook

5-11-2008 12:26 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/52ef18e7-d323-4a1e-89a4-9c58f873070b/86338538-E3E0-4ECD-B8C7-A791DC94F46F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu" href="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu" style="font-size: 11px;">mail.google.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu"><P>Longtime environmental activists know that the World Bank's investments have regularly gone toward projects that damage the environment, emit major amounts of greenhouse gas pollution, and negatively impact communities and human rights in the Global South. Now it wants to be the arbiter of huge pots of money intended to tackle global warming.<SPAN>  </SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu"><P>Friends of the Earth has documented how the World Bank <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=8NzDZxzigTTczRsi6uR97jdkue4Ojf02">promotes extractive industries and fossil fuels</A>, <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=itQUKT2iLVm6jYIOibsFYjdkue4Ojf02">shortchanges the poor</A> while placing their ecosystems at great risk, <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=UolZO0PaPBdaFTNNEw8Ehjdkue4Ojf02">focuses almost exclusively on corporate aims</A> through its private investment arm, and has coordinated with the world's richest nations to <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=BMyKqogf7OQIj%2F7ixwpzyDdkue4Ojf02">invest upwards of $3 billion in new greenhouse gas producing projects</A>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu"><P><STRONG>Friends of the Earth believes that the World Bank should not be in control of this money.  <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=A3EJJPk0eO1iFkAufNmrcDdkue4Ojf02">Help stop the World Bank from setting up these climate investment funds</A>. </STRONG></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mail.google.com/mail/?ui=2&view=bsp&ver=ymdfwq781tpu">World Bank is now proposing to manage what it calls <A target="_blank" href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=4HwgpFDQ8Nnjj3cXE7TW1zdkue4Ojf02" title="Fact Sheet">climate investment funds</A>,</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/86338538-E3E0-4ECD-B8C7-A791DC94F46F/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

papananook says:

more info at link...something very fishy here

1 Comment |

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5-12-2008 7:33 AM

citizenbfk

Friends of the Earth got is right. Just looking at the past presidents/chairmen of the World Bank is a tip off.

The whole Federal Reserve is in many ways a scam; it is control of the U.S. currency by private bankers.

If the US government controled the Red Cross, it would be a scam too.

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