Aiding and Abetting Climate Change
AIDWATCH launched two reports at Parliament House in Canberra today: “100: 1 EFIC’s Gamble with Climate”, and “Aiding and Abetting Climate Change”. The reports are critical of the Australian governments’ increase in funding for Australian aid and trade programs which are having detrimental effects on our climate. While the Federal Government claims it’s taking the issue of climate change seriously, but won’t ratify the Kyoto Protocol, through it’s export credit agency, it has facilitated and encouraged the development of highly polluting projects in developing countries. AIDWATCH believes it is time to take a closer look at Australian Aid programs and Australia’s Export Finance Insurance Corporation (or EFIC). Cinnamon Nippard spoke to AIDWATCH campaigner, Tim O’Connor.