Quadrant Online (Australia)
The Paris climate talks next month are partly about creating a
$US100b-a-year climate fund to help the Third World adjust to
hypothesized global warming. In a bit of political theatre (we taxpayers
bought her tickets), Foreign Affairs Minister Julie Bishop last December pledged $200m to this fund, rhapsodizing about “investment, infrastructure, energy, forestry and emissions reductions.” [i] The Climate Fund is now taking heat for corruption and non-transparency. Newsweek, although a fervently warmist journal, ran a piece to that effect a few days ago.
An inkling of how such money actually gets spent comes from our Bangladesh example. Transparency International Bangladesh audited a $A4.5m project
financed by a climate-change trust fund administered by the Bangladeshi
government. It also tried to audit a sister-fund provided by aid
donors, but couldn’t find enough documentation to even start the audit!
One of its trenchant recommendations was to “mete out exemplary
punishments to corrupt individuals.”
The government-funded plan was to build cyclone-resistant housing at
Khulna for an abjectly poor community devastated by Cyclone Aila. The
photo shows what was actually built for grandmother Mrs Khadija Begum — a
4metre x 5metre house with no walls."
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