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Oopsie! $1 Billion in UN Funds to Fight Climate Change Built Coal Power Plants Instead

Oopsie! $1 Billion in UN Funds to Fight Climate Change Built Coal Power Plants Instead

by The Daily Eye Team December 5 2014, 11:22 am Estimated Reading Time: 0 mins, 35 secs

About $1 billion in Japanese funding that Japan claimed was part of a UN initiative to help developing countries take action against climate change went, unnoticed, towards Japanese companies for the construction of three coal-fired power plants, the Associated Press reported Monday. Coal-burning power plants are the world?s biggest source of atmospheric CO2, a key driver of global warming. U.N. climate chief Christiana Figueres was apparently unaware of where those funds wound up until it was brought to her attention by the AP. Figueres told the AP that "there is no argument" for supporting coal-powered projects with climate money, and that "unabated coal has no room in the future energy system."

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