Saturday, 22 October 2016

UN GREEN CLIMATE FUND STRUGGLES TO RAISE AND SPEND THE MONEY

This article gives the details of what the fund has raised, which is only a small fraction of what it expected. It also shows that it is struggling to spend even a small fraction of that. Oh dear, what will the poor third world nations say? A lot of naughty little words, I expect. I am not surprised to learn this, as I thought that the West would struggle to find these sort of sums at a time when they have such large debts on top of slow growth. They need to wake up and face the reality - it isn't going to happen. 

No comments: