Tag: UN

Lion’s share of foreign aid diverted in war-torn Somalia

A UN audit of billions in aid money earmarked for starving Somalis remains largely unaccounted for due to violence and corruption in a country caught between Islamists and a kleptocractic government.

The perverse rewards of carbon credits

(August 15, 2012) The UN’s carbon trading scheme to reduce global concentrations of greenhouse gases has provided a handful of factories in developing nations with a perverse incentive to massively increase them.