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How to steal the world country by country?
The scam was to transfer the debts from the Third World countries to the World Conservation Bank and, in return, those countries would hand over land. Any other organisation that took over the WCB would inherit ownership of vast tracts of the Earth. A fact sheet published by the Secretariat of the Wilderness Conference said.
Plans for the WCB propose that it act as an intermediary between certain developing countries and multilateral or private banks to transfer a specific debt to the WCB, thus substituting an existing doubtful debt in the bank's books for a new loan to the WCB. In return for having relieved of its debt obligation, the debtor country would transfer to the WCB natural resource assets of equivalent value.
2 Answers
- davidjohnston29Lv 710 years ago
While a "World Conservation Bank" was proposed, it was never created because it would have been insanely expensive and the nations in questions wouldn't want to go along with such an idea. The eventual result was the creation of an organization known as the Global Environmental Facility which does not in fact take over land. It just bribes third world government to be a bit more green.
Source(s): http://en.wikipedia.org/wiki/World_Wilderness_Cong... http://en.wikipedia.org/wiki/Global_Environment_Fa...