Reuters – Liberty and Ecology Blog

Reuters Exposes Waste of Climate Change Funds, and the Funders Don’t Care

Wealthy nations promised to give billions to developing nations to cope with or prevent climate change. Here are some of the results:

Italy helped a retailer open chocolate and gelato stores across Asia.

The United States offered a loan for a coastal hotel expansion in Haiti.

Belgium backed the film “La Tierra Roja,” a love story set in the Argentine rainforest.

And Japan is financing a new coal plant in Bangladesh and an airport expansion in Egypt.”