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Bali deadline passes with talks extended

Dec 14, 2007, 15:11 GMT

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NoharnessDec 14th, 2007 - 15:45:28

RE:' The talks have produced an 'adaptation' fund for financial transfers to developing states most severely affected by rising sea levels, desertification and other fallout from climate change.'

Money makes the world go round!
The world go round!
The world go round!
Money makes the world go around!
Money.
Makes.
The World.
Go round!

Who, pray tell, would be administrating this 'Adaptation Fund' and under what circumstances would disbursments be made? Who will over see it and who will audit the projects it funds? Will there be safeguards in place to stop abuses before they start?

I'm being a bit naive, aren't I?

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