Lore wrote:That's why I posted a link! The Green Climate Fund goes back to 2010, but you should know that.
Nope. Thanks for enlightening me on this.
I clicked through on your link, and the "Green Climate Fund" operates under the auspices of the UN. Obama has pledged 3 billion dollars to the GCF and he wants Congress to appropriate the money.
I'm uncomfortable giving huge amounts of US money to some other party to administer. The UN has a rather sorry history of theft and corruption in these kinds of agencies.
I support the US establishing some kind of foreign aid program, possible run through the Peace Corps, to aid and assist people in third countries to build windmills, put up solar power systems, and otherwise decarbonize things on a village to village level. However its not very smart for Obama to give billions of dollars to the UN and then surrender all oversight over the money, as much it will be lost to overhead and bureaucrats and graft and theft in the corrupt UN system.
cheers!
The UN has a culture of corruption. It would be nuts for the US to turn over billions of dollars to them and not retain direct oversight of where and how the US dollars are spent.