Klimaforum | Peoples Climate Movement
The US Government wants the climate-trashing World Bank to take control of the Global Climate Fund. The fund is a pot into which countries like the US and those in the European Union should deposit money to help developing countries tackle the impacts of climate change.
Who devises the fund, manages the money and decides how it is allocated is causing big arguments at this month's UN climate change negotiations in China.
The US wants to hand responsibility of this fund to the World Bank - which has invested more money in dirty coal this year than ever before.
The US must take responsibility for action on climate and drop its World Bank plans.
from: Friends of the Earth
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