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UN green climate fund can be spent on coal-fired power generation

Karen Orenstein, Deputy Director of Economic Policy

Rules agreed a meeting of fund’s board described by Friends of the Earth as ‘like a torture convention that does not forbid torture’

The UN fund to help developing countries fight climate change can be spent on coal-fired power plants – the most polluting form of electricity generation – under rules agreed at a board meeting.

The green climate fund (GCF) refused an explicit ban on fossil fuel projects at the contentious meeting in Songdo, South Korea, last week.

“It’s like a torture convention that doesn’t forbid torture,” said Karen Orenstein, a campaigner for Friends of the Earth US who was at the meeting. “Honestly it should be a no-brainer at this point.”

UN green climate fund can be spent on coal-fired power generation

-The Guardian 3/27/2015

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