Climate Fund Seeks UN-Style Diplomatic Immunity
The Green Climate Fund, which is supposed to help mobilize as much as $100 billion a year to lower global greenhouse gases, is seeking a broad blanket of UN-style immunity that would shield its operations from any kind of legal process, including civil and criminal prosecution, in the countries where it operates.
According to an official of the US Treasury, which strongly supports the existence of the GCF, the full extent of the immunities still remains to be worked out by the fund board, although the wording of various UNFCCC resolutions indicate that immunities like those held by the UN are clearly envisaged.
No word yet if Corzine will be in charge of the disappearing money.
Edited by Rogerdodger, 25 March 2012 - 10:12 PM.