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Press Report Europe WSF 2009 - OpenFSM!

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<strong>Press</strong> <strong>Report</strong> <strong>Europe</strong> <strong>WSF</strong> <strong>2009</strong><br />

Green gold should not be funnelled through the IMF but rather through some new entity with an appropriate overseer,<br />

such as the United Nations Environmental Program (UNEP). Its authoritative scientific committee, the Intergovernmental<br />

Panel on Climate Change (IPPC), should certainly play a major role in setting criteria and evaluating the results.<br />

Countries would apply for funding to implement their national plans to reduce greenhouse gas emissions. In order to<br />

qualify, each country would be required to meet its international commitments to reduce greenhouse gases. Complete<br />

transparency in allocating and contracting could be a further condition for receiving money.<br />

How big should a green gold program be? Estimates are that $500bn – or less than half of the global stimulus package<br />

the IMF is currently calling for – would cover the annual cost of protecting the world’s climate.<br />

In terms of job creation, economic stimulus and support for long-term growth – not to mention warding off climate<br />

disaster – nothing is likely to provide bigger benefits than investment in climate protection.<br />

If the world can spend trillions of dollars to bail out the banks, why can’t we use green gold to create desperately needed<br />

green jobs – and bail out the planet?<br />

Dear capitalists, admit you got it wrong (The Economist)<br />

Buoyed up by a crisis and with five presidents in attendance, the international left has ideas for fixing the world<br />

that a neoliberal might recognise<br />

OFTEN mocked for an endless ability to disagree with itself, the World Social Forum—an annual jamboree for NGOs,<br />

anti-capitalists, leftish intellectuals, bohemians and bishops—was unusually united this year. More united, in some ways,<br />

than the recent World Economic Forum in the Swiss resort of Davos, a gathering of political and corporate bigwigs to<br />

which the social forum supposedly responds.<br />

While Davos Man was busy looking for someone to blame for his predicament, no such doubts troubled his opposite<br />

number in Belém, a city on the edge of the Brazilian rainforest where mango trees grow so tall that their fruits can shatter<br />

car windscreens when they fall. The culprit was the whole current design of the world economy, promoting competition.<br />

Free trade and free movement of capital needed to be re-thought, participants insisted. Some even had ideas on what<br />

should replace it.<br />

The forum’s main purpose is to bring together social movements (which generally dislike being called NGOs) from<br />

around the world to network. In that respect, it is rather like any other business conference, though some participants<br />

carry spears and wear the feathers of various unfortunate parrots on their heads. The forum is skewed towards Latin<br />

America, especially Brazil. One of the founders of the forum is a Brazilian businessman called Oded Grajew, and its first<br />

meeting was held in Porto Alegre, in southern Brazil.<br />

Of more than 5,000 accredited organisations, 4,193 were from South America, roughly ten times the number of African<br />

outfits present. This partly reflects the number and prominence of NGOs in South America and the semi-official role<br />

which some governments give them. This year Brazil’s left-leaning government gave the forum a subsidy of R$120m<br />

($52m)—a piece of generosity that was not universally popular at a time when economic growth may be on the verge of<br />

halting.<br />

As a result, many causes dear to the Brazilian left were well represented. T-shirts demanded asylum for Cesare Battisti,<br />

a left-wing Italian émigré convicted of murder in Rome, who is currently in Brazil. Banners called for Brazilian troops to be<br />

withdrawn from Haiti, where they are doing a good job of containing violence.<br />

A proposed hydroelectric dam on the Madeira river (a tributary of the Amazon) was denounced, and the country’s new oil<br />

find claimed for its people. Plenty of people came from further afield, like the Catholic Bishops’ Conference of India, with<br />

a Delphic slogan: “We would rather sweat in peace than bleed in war.” And there were swarms of young, largely white<br />

folk who treated the forum like a music festival.<br />

This cacophony sometimes sat awkwardly with the presence of five leftish presidents—Fernando Lugo of Paraguay,<br />

Rafael Correa of Ecuador, Evo Morales of Bolivia, Hugo Chávez of Venezuela and Luiz Inácio Lula da Silva of Brazil—<br />

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