UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System

The most powerful private financial interests in the world, under the cover of COP26, have developed a plan to transform the global financial system by fusing with institutions like the World Bank and using them to further erode national sovereignty in the developing world.

[mintpressnews.com]

The hidden agenda within the COP26 conference.

{The officially stated purpose of this proposed overhaul, per alliance members, is to promote the transition to a “net zero” economy. However, the group’s proposed “reimagining” of international financial institutions, according to their recently published “progress report,” would also move to merge these institutions with the private-banking interests that compose the alliance; create a new system of “global financial governance”; and erode national sovereignty among developing countries by forcing them to establish business environments deemed “friendly” to the interests of alliance members. In other words, the powerful banking interests that compose this group are pushing to recreate the entire global financial system for their benefit under the guise of promoting sustainability.

This alliance, called the Glasgow Financial Alliance for Net Zero (GFANZ), was launched in April by John Kerry, US Special Presidential Envoy for Climate Change; Janet Yellen, US Secretary of the Treasury and former chair of the Federal Reserve; and Mark Carney, UN Special Envoy for Climate Action and Finance and former chair of the Bank of England and Bank of Canada. Carney, who is also the UK prime minister’s Finance Advisor for the COP26 conference, currently cochairs the alliance with US billionaire and former mayor of New York City, Michael Bloomberg.}

Don't let a good disaster go to waste when you can make a profit from it making it worse.

{Notably, another Rockefeller-connected entity, the Rockefeller Foundation, recently played a pivotal role in the creation of Natural Asset Corporations (NACs) in September. These NACs seek to create a new asset class that would put the natural world, as well as the ecological processes that underpin all life, up for sale under the guise of “protecting” them. Principals of GFANZ, including BlackRock’s Larry Fink, have long been enthusiastic about the prospects of NACs and other related efforts to financialize the natural world and he has also played a key role in marketing such financialization as necessary to combat climate change.}

In other words. They want to privatize nature. If I managed to get you to watch the discussion Abby Martin had with sociologist Peter Phillips on his book (Giants---Who Really Rules the World) you might remember him mentioning Blackrock as one of the largest firms that works with the world elite. He was explaining how capitalism now has a need for reaching out for more ways to produce capital. Privatizing virtually everything under us is really the only resort left without moving all our jobs to 3rd world countries. Seemingly their answer is to attempt to privatize developing 3rd world countries. Which begs the question, more wars? Of course it will.

{The press release notes that this “enormous private capital” is money that alliance members seek to invest in emerging and developing countries, estimated at over $130 trillion, and that—in order to deploy these trillions in investment—“the global financial system is being transformed” by this very alliance in coordination with the group that convened them, the United Nations.}

This illustrates how rather than putting this amount of money into technology and living wages that they're more willing to use it for further climate damage and forcing colonization measures. If they had a genuine determination to confront climate change we wouldn't need to have to have independent journalism inform us of this. With the westernized worlds financial systems going to shit, they're also scheming a means to kill China's and Russia's by uniting within a global market.

There use to be a show called Continuum which this is highly resembling where corporations vastly replaced governments.

{Per GFANZ, a “country platform” is defined as a mechanism that convenes and aligns “stakeholders,” that is, a mechanism for public-private partnership/stakeholder capitalism, “around a specific issue or geography.”

While framed as being driven by “stakeholders,” existing examples of “country platforms” offered by the GFANZ are either private sector-led initiatives, like the CFLI, or public-private partnerships that are dominated by powerful multinational corporations and billionaires. As recently explained by journalist and researcher Iain Davis, these “stakeholder capitalism” mechanism models, despite being presented as offering a “more responsible” form of capitalism, allow corporations and private entities to participate in forming the regulations that govern their own markets and giving them a greatly increased role in political decision making by placing them on an equal footing with national governments. It is essentially a creative way of marketing “corporatism,” the definition of fascism infamously supplied by Italian dictator Benito Mussolini.}

{The GFANZ report notes that “MDBs play a critical role in helping to grow investment flows” in the developing world. MDBs, like the World Bank, have long been criticized for accomplishing this task by trapping developing nations in debt and then using that debt to force those nations to deregulate markets (specifically financial markets), privatize state assets and implement unpopular austerity policies. The GFANZ report makes it clear that the alliance now seeks to use these same, controversial tactics of MDBs by forcing even greater deregulation on developing countries to facilitate “green” investments from alliance members.}

{In other words, through the proposed increase in private-sector involvement in MDBs, such as the World Bank and regional development banks, alliance members seek to use MDBs to globally impose massive and extensive deregulation on developing countries by using the decarbonization push as justification. No longer must MDBs entrap developing nations in debt to force policies that benefit foreign and multinational private-sector entities, as climate change-related justifications can now be used for the same ends.}

These asshats have absolutely no empathy for the conditions they create for humanity knowing they can afford to build themselves escapes with an abundance of slaves that manage to survive and will be at their mercy. You can find an episode on that in the first season of (While the Rest of Us Die) on Vice. Many have already prepared their escapes and secured their gated communities.

{As noted in other GFANZ documents and on their website, the goal of the alliance is the transformation of the global financial system, and it is obvious from member statements and alliance documents that the goal of that transformation is to facilitate the investment goals of alliance members beyond what is currently possible by using climate change-related dictates, rather than debt, as the means to that end.}

Well that pretty much backs up my conjecture.

{In light of GFANZ’s membership and members’ ambitions, some may wonder why the United Nations would back such a predatory initiative. Doesn’t the United Nations, after all, chiefly work with national governments as opposed to private-sector interests?}

Hell no! The UN is a tool of the ruling class. Purely just another aspect of the facade in their manufactured delusional reality.

{To get this far, all they have needed to do was to convince enough of the world’s population that such shifts are necessary due to the perceived urgency of climate change and the need to rapidly decarbonize the economy. Yet, if put into practice, what will result is hardly a “greener” world but a world dominated by a small financial and technocratic elite who are free to profit and pillage from both “natural capital” and “human capital.”}

In other words. The perception management campaign (of any manufactured or genuine urgency, that can be used) outlined by Robert Parry has been fulfilled. Robert Parry---To understand how the American people find themselves trapped in today’s Orwellian dystopia of endless warfare against an ever-shifting collection of “evil” enemies, you have to think back to the Vietnam War and the shock to the ruling elite caused by an unprecedented popular uprising against that war.

While on the surface Official Washington pretended that the mass protests didn’t change policy, a panicky reality existed behind the scenes, a recognition that a major investment in domestic propaganda would be needed to ensure that future imperial adventures would have the public’s eager support or at least its confused acquiescence.

This commitment to what the insiders called “perception management” began in earnest with the Reagan administration in the 1980s but it would come to be the accepted practice of all subsequent administrations, including the present one of President Barack Obama.

In that sense, propaganda in pursuit of foreign policy goals would trump the democratic ideal of an informed electorate. The point would be not to honestly inform the American people about events around the world but to manage their perceptions by ramping up fear in some cases and defusing outrage in others depending on the U.S. government’s needs.

Today’s coverage of the Syrian civil war or the Ukraine crisis is so firmly in line with the State Department’s propaganda “themes” that it would put smiles on the faces of William Casey and Walter Raymond if they were around today to see how seamlessly the “perception management” now works. There’s no need any more to send out “public diplomacy” teams to bully editors and news executives. Everyone is already onboard.

“When everything Americans believe is false, our misinformation campaign will be complete.” William Casey CIA Agent Head under Regan

As a journalist for more than four decades, I take seriously the profession’s responsibility to verify information as much as possible before publishing it – and as editor of Consortiumnews.com, I insist that our writers (and to the extent possible, outside commenters) back up what they say. Robert Parry :END