« And...Discussion of the Jubilee Act Continues | Main | More In depth about the IMF »

01 May 2008

FOE: World Bank Carbon Plan 'A Protection Racket'

By Daniel Nelson | OneWorld UK

A World Bank-backed carbon-reduction programme in which concessional loans would be offered to developing country governments was compared to a “protection racket” by Friends of the Earth Director Tony Juniper at a meeting in London at the weekend.

He said it would be like smashing the windows of a car and then demanding money to stop further damage.

“A deep injustice in the development model is being put together,” he said of the plan. READ FULL ARTICLE

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/1077897/28617944

Listed below are links to weblogs that reference FOE: World Bank Carbon Plan 'A Protection Racket':

Comments

Post a comment

If you have a TypeKey or TypePad account, please Sign In

Recent Comments