My second and final story from my four days covering the UN Midyear Climate Conference in Bonn, Germany, in mi-May 2016 focused on a policy recommendation on human rights and Third World development proposed by my Wake Forest colleague John Knox, the UN Special Rappatour on Human Right and Climate Change. The link to the story is here.
John’s proposal sounds so sensible, I write, “That is until you realize that CDM projects were established by the Kyoto Protocol as a way for wealthy industrialized countries to earn carbon-emission credits against their pollution caps by investing in clean energy or efficient energy projects in developing countries. Millions if not billions of dollars are at stake in CDM projects financed by the World Bank. It’s not hard to imagine how these complex international business transactions might be slowed or even undermined by adding local human rights requirements into the future project mix.”