I thought Lord Monckton was joking - maybe reading some wierd NGO suggested document, but no, it is as bad as he said:
unfccc.int/resource/docs/2009/awglca7/eng/inf02.pdf"20. In order to fulfill this shared vision, Parties have agreed to establish a coherent, cohesive and
integrated system of financial and technology transfer mechanisms under the Convention and a follow
up/compliance mechanism. These institutions are
robust and effective."
i.e. compulsory taxes from USA to the poor countries - and poverty will increase so we can get more from good ol' USA. The incentive will be on countries to get poorer so they can get bigger handouts.
(At least until the USA can't bleed anymore)
"33. In the light of a shared vision based on historic responsibility/emissions, debt/per-capita
emissions convergence/an equitable allocation of a shared atmospheric resource, [and in accordance with
the provisions of the Convention,] Annex I Parties shall provide new and additional financial resources to
meet the full costs incurred by developing country Parties [in complying with their obligations under
Article 12, paragraph 1, and the full incremental costs of implementing measures that are covered by
Article 4, paragraph 1] [, particularly the most vulnerable countries including LDCs and SIDs, of meeting
their commitments, towards the full, effective and sustained implementation of the Convention]. They
shall also provide new and additional funding to cover the full incremental costs incurred by developing
countries in implementing nationally appropriate mitigation actions undertaken in the context of
sustainable development. Annex I Parties commit the amount of [ ] billion [Euros/dollars] in order to
enable mitigation and adaptation actions in developing countries for the period now up to 2012."
Looks a blank cheque to me!
New World Government:
"36. The new agreed post-2012 institutional arrangement and legal framework to be established for
the implementation, monitoring, reporting and verification of the global cooperative action for
mitigation, adaptation, technology and financing, should be set under the Convention. It should include a
financial mechanism and a facilitative mechanism drawn up to facilitate the design, adoption and
carrying out of public policies, as the prevailing instrument, to which the market rules and related
dynamics should be subordinate, in order to assure the full, effective and sustained implementation of the
Convention."
Who the Government is:
"38. The scheme for the new institutional arrangement under the Convention will be based on three
basic pillars: government; facilitative mechanism; and financial mechanism, and the basic organization
of which will include the following:
(a) The government will be ruled by the COP with the support of a new subsidiary body on
adaptation, and of an Executive Board responsible for the management of the new funds
and the related facilitative processes and bodies. The current Convention secretariat will
operate as such, as appropriate."