Inner City Press -- Investigative Reporting From the United Nations to Wall Street to the Inner City

ICP Asks UN Why Green Climate Fund Will Finance Coal, Of Pension Fund

By Matthew Russell Lee

UNITED NATIONS, May 5, more here -- When the UN's Assistant Secretary-General on Climate Change Janos Pasztor held a press conference on May 5, Inner City Press asked him about criticism of the Green Climate Fund, including at the recent Permanent Forum on Indigenous Issues. Video here and embedded below.

  Specifically, why will the "Green" Climate Fund provide financial for coal-powered plants? Pasztor replied that some felt that an exclusion for coal would have been divisive. On statements at the PFII that the UN is helping to "monetize" nature, Pasztor replied that most states feel differently. But what about the indigenous?
  
  Pasztor in his opening statement had praised the UN Pension Fund for now investing in "green equities" and "green bonds." Since the UN has responded to Press questions about irregularities alleged at the Pension Fund by emphasizing how separate and independent it is, Inner City Press asked Pazstor if the UN Secretariat had brought about this Pension Fund decision.

 Pazstor replied that the Pension Fund answers to the Secretary General and that "she" - Carolyn Boykin, presumably - had made this decision. We'll have more on this, after noting Pasztor by no means the least responsive UN official...

 When last September 21 the People's Climate March assembled at Manhattan's Columbus Circle, there were anti-corporate puppets in front of the Trump International Hotel and Tower, speeches by coal miners and from the Marshall Islands.

   Many called on the UN to do better. But UN Secretary General Ban Ki-moon joined the march mid-way, at Radio City Musical Hall with New York Mayor Bill de Blasio. Senator Chuck Schumer was on hand, walking by a Bronx contingent chanting how Fresh Direct has broken its promises.

  Inner City Press' 90 second video of the march is here.

  The UN's or "BKM" (Ban Ki-moon) Climate Summit will feature Cargill and Walmart, Credit Agricole and Bank of America. The last of these is the first, in terms of funding mountain top coal removal. These are the contradiction. Inner City Press tweeted photos on @InnerCityPress. More to follow.

  The night before the People's Climate March, the UN buildings on First Avenue lit up with photos and footage of trees and fish and written messages. It is called "illUmiNations." Inner City Press video here.

Photo: Closer-up of #ClimateMarch message pre-screened on #UN: the currency is not money, it's life pic.twitter.com/Nhn1m1gfgK

— Inner City Press (@innercitypress) September 20, 2014

Photo: at #UN, late night preview / trial of #ClimateMarch messages in advance of illumiNATIONS pic.twitter.com/Owxcrt1iEB

— Inner City Press (@innercitypress) September 20, 2014

   Inner City Press late on September 19, after covering the Ukraine, Iraq, Ebola and Iran nuclear meetings inside the UN, went out and found a sort of trial run for the screening taking place on First Avenue, already lined with NYPD cement blocks. Photo here.

Photo: also at #UN, along with #ClimateMarch messages: huge #NYPD cement blocks. #UNlearningFear pic.twitter.com/C67dfiRv7I

— Inner City Press (@innercitypress) September 20, 2014

   Looking back at the UN's press release for the upcoming "VIP Press Screening" -- hard to know how they could exclude non-VIPs from it, or why they would want to -- there were laudatory quotes about UN Secretary General Ban Ki-moon, and:

Obscura Digital has staged similar large-scale architectural mapping projection events on the Sydney Opera House, the Guggenheim Museum, and the Sheikh Zayed Grand Mosque. For examples of previous work, please visit the following link http://wdrv.it/1tx7Emd.

 In that video compilation, well worth watching, there are also corporate projects for Coca-Cola and YouTube owned by Google, with history at the UN.

  A message Inner City Press photographed on September 19, here,  was "In nature's economy, the currency is not money but life." Is this true of Coca-Cola?

   There are questions about the UN's UNcritical approach to corporations and corporate "partnerships."

   In the run up to the UN's September 23 Climate Summit, the UN put out a media advisory promoting the participation of 14 corporations ranging from Saudi Aramco through Cargill, McDonald's and Walmart to Bank of America and Credit Agricole.

  Inner City Press on September 16 asked Summit promoter Robert Orr how these 14 were selected for listing in the media advisory, and if the UN had reviewed their wider record. For example, the recent court decision involving Cargill and child slavery in Cote d'Ivoire, or Saudi Aramco not allowing employees in Saudi Arabia to protest.

   Orr mentioned a luncheon during the summit about carbon pricing and the UN Global Compact, a branch of the UN which repeatedly says it does not enforce substantive standards, only encourages reporting and dialogue.  Well, Saudi Aramco did not respond to the complaint about “employees allegedly dismissed after being detained for participation in civil rights protests in Saudi Arabia.”

   And what of the environment? Bank of America has been the number one funder of mountain-top removal coal mining, but Ban Ki-moon made it chairman the chief of his Sustainable Energy for All initiative.

  On behalf of the Free UN Coalition for Access, Inner City Press asked that those making commitments, like the 14 corporations named, hold question and answer sessions during the summit. We'll see.

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