With China and India building coal fired energy plants by the hundreds, how will the United States spending billions of dollars make a difference? What is happening is we are financing a fraud with tax dollars. We are supporting a myth of global warming that doesn't exist except as a tool to bring people under the control of a few elites that want total power over outcomes. Control peoples access to energy resources will mean the population collectively have fewer option for individual freedom of choice.
Know this is the very basis for the progressive socialist liberal Democrats agenda for America. Limit or eliminate freedom of choice to determine ones destiny will ensure the demise of liberty. All that remain will be dependence and poverty.
The Global Environmental Facility Is Failing
Source: Brent Pinero, "The Global Environmental Facility: A Dismal Failure," National Center for Policy Analysis, October 3, 2013
October 3, 2013
The United States has joined a number of international treaties and financed several global initiatives that aim to benefit the environment. One of these efforts is the Global Environmental Facility (GEF).
The GEF funds international projects to preserve biodiversity, prevent global warming, protect international waters, stop land degradation, save the ozone layer and remove persistent organic pollutants, says Brent Pinero, a research associate with the National Center for Policy Analysis.
It is important to evaluate whether or not U.S. taxpayer dollars are used effectively. Though the GEF arguably pursues admirable goals, there is evidence the institution is highly ineffective, structurally flawed and possibly corrupt. It appears almost all of the money contributed to the GEF has been wasted.
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The GEF funds international projects to preserve biodiversity, prevent global warming, protect international waters, stop land degradation, save the ozone layer and remove persistent organic pollutants, says Brent Pinero, a research associate with the National Center for Policy Analysis.
It is important to evaluate whether or not U.S. taxpayer dollars are used effectively. Though the GEF arguably pursues admirable goals, there is evidence the institution is highly ineffective, structurally flawed and possibly corrupt. It appears almost all of the money contributed to the GEF has been wasted.
- A 2013 Congressional Research Service (CRS) evaluation of the GEF exposed several organizational flaws. The CRS said that the "GEF was set up mostly to finance grants. Grants have proven to be inefficient in many development contexts given the greater leveraging and enhanced financial sustainability obtained from loan[s]."
- A 2004 Office of Management and Budget (OMB) evaluation concluded that GEF-funded projects have had no demonstrated results due to ineffective programs and poor management.
- According to the OMB, "The Facility lacks strong anti-corruption mechanisms. These include, for example, setting high standards, independent audit functions, financial disclosure and codes of ethics, obtaining clean annual external financial audits, and implementing procurement based on best practices."
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