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South Korea picked as HQ of new U.N. Green Climate Fund
Reuters ^ | 10/20/12

Posted on 10/20/2012 4:06:42 AM PDT by markomalley

A new U.N. fund meant to manage billions of dollars to help developing nations combat climate change will be based in South Korea, leaders of the fund agreed on Saturday.

The Green Climate Fund is to be sited in Songdo, Incheon City, South Korea, the board of the fund said. Germany, Mexico, Namibia, Poland and Switzerland had also sought to be the headquarters.

Developed nations agreed in 2009 to raise climate aid, now about $10 billion a year, to an annual $100 billion from 2020 to help developing countries curb greenhouse gas emissions and cope with floods, droughts, heatwaves and rising sea levels.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Foreign Affairs
KEYWORDS: boondoggle; climate; greenenergy; korea; un
I would have thought that South Korea would have had more sense than to get involved in this.
1 posted on 10/20/2012 4:06:45 AM PDT by markomalley
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To: markomalley

Scam central, laundering American taxpayer monies through out the welfare world, get the hell out and vote we are already behind the eight ball there’s a long road ahead even with Romney


2 posted on 10/20/2012 4:13:14 AM PDT by ronnie raygun (bb)
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To: markomalley

When we get our new president, I would like to see the Tea Party begin a movement to get us out of the U.N. and the U.N. out of our country.


3 posted on 10/20/2012 4:18:25 AM PDT by Gatún(CraigIsaMangoTreeLawyer)
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To: markomalley

” I would have thought that South Korea would have had more sense than to get involved in this.”

They must be getting a taste of the action.


4 posted on 10/20/2012 4:47:14 AM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: markomalley

With all the funds the UN has, perhaps they could do something useful.

Like help that island from tipping over?(Guam)

A US territory!............ Let them tip.


5 posted on 10/20/2012 5:06:03 AM PDT by DUMBGRUNT (The best is the enemy of the good!)
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To: markomalley; All

Anything the UN gets involved with...it’s a scam


6 posted on 10/20/2012 7:40:52 AM PDT by SeminoleCounty (Political maturity is realizing that the "R" next to someone's name does not mean "conservative")
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To: markomalley

Just means they figured out where they can play with it with the least amount of external scrutiny.


7 posted on 10/20/2012 7:44:57 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: markomalley
Why not North Korea, they are the "greenest" country on the planet.


8 posted on 10/20/2012 7:45:34 AM PDT by dfwgator (World Series bound and picking up steam, GO GET 'EM,TIGERS!)
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To: markomalley

Even U.N. Admits That Going Green Will Cost $76 Trillion
http://www.foxnews.com/opinion/2011/07/06/even-un-admits-that-going-green-will-cost-76-trillion/#ixzz1RLVXSRUg

Which means, of course, that it will really cost 3 or 4 times that much.


9 posted on 10/20/2012 8:41:30 AM PDT by TurboZamboni (Looting the future to bribe the present)
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