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Posted Tue Oct 6 2009: from London Guardian:
UN's forest protection scheme at risk from organised crime, experts warn http://apocadocs.com/s.pl?1254847429
A revolutionary UN scheme to cut carbon emissions by paying poorer countries to preserve their forests is a recipe for corruption and will be hijacked by organised crime without safeguards, a Guardian investigation has found. The UN, the World Bank, the UK and individuals including Prince Charles have strongly backed UN plans to expand the global carbon market to allow countries to trade the carbon stored in forests. If, as expected, this is agreed at crucial UN climate change talks taking place in Bangkok this week and concluding in Copenhagen in December, up to $30bn a year could be transferred from rich countries to the owners of endangered forests.
[Read more stories about: carbon sinks, economic myopia]
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