As the COP17/CMP Summits enter their last two days I am barely up to date with the work of the SBSTA/SBI and they concluded last Saturday (3/12/11). Therefore I think it is best that I stay out of the way as far as possible and save my opinions for a sort of post-summit review. I will though take the opportunity to criticise Venezuela, Bolivia and associates.
The Green Climate Fund (GCF) is probably the one thing that is salvageable from this summit although at this point even that may require a miracle. While there are parties that prepared to be obstructive for the sake of being obstructive there is a much larger majority that is legitimately worried about the fund being mis-used and defrauded. In order to assure these parties the GCF will require a trustee who is held in the highest regard. At present the World Bank is the only organisation that fulfills that criteria so now is not the time for a rallying call against the evils of global capitalism especially as getting the GCF operational would really p*ss off the United States. However it is not worth setting up a hollow organisation in order to grab headlines.
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