Global Warming Fund a Slush Fund for World’s Dictator
Third World tyrants salivate at the prospect of largesse from the green climate fund.
Wherever you stand on the subject of global warming, pay close attention to one under-reported aspect of the 2015 United Nations Climate Change Conference or Paris Agreement. I am referring to the Green Climate Fund (GCF), which is a financial mechanism intended "to assist developing countries in adaptation and mitigation practices to counter climate change." According to the current estimates, developed countries will be obliged to contribute up to $450 billion a year by 2020 to the GCF, which will then "redistribute" the money to developing countries allegedly suffering from the effects of global warming.
Lo and behold, Zimbabwe's government-run daily "newspaper" The Herald repored that "Southern Africa is already counting the costs of climate change-linked catastrophes… In Zimbabwe, which has seen a succession of droughts since 2012, a fifth of the population is facing hunger… feeding them will cost $1.5 billion or 11 percent of... the Gross Domestic Product."
No doubt Robert Mugabe, the 91-year-old dictator who has ruled Zimbabwe since 1980, is salivating at the prospect of some global warming cash. Beginning in 2000, Mugabe started to expropriate privately-held agricultural land. The result of what what is euphemistically called "land reform," was a monumental fall in productivity and the second highest bout of hyperinflation in recorded history.
Some three million of Zimbabwe's smartest people, including tens of thousands of doctors and lawyers, have left the country. Most of those who have remained behind are subsistence farmers with very little wealth. There is, in other words, very little loot left for the government to steal.