A World
Conservation Bank
Secretary of State
James Baker travelled to Colorado to give the keynote address at the Fourth
World Wilderness Congress in September 1987. The congress was a project of the
International Wilderness Leadership Foundation, whose board includes Michael
Sweatman, formerly of the Royal Bank of Canada; Dr. Ian Player, a leading
British conservationist; and Sir Laurens van der Post,
intimate of Prince Charles and devotee of the Satanist Carl Jung. According to
an IWLF official, one of the group’s benefactors is a longtime friend of James
Baker.
In
addition to Baker, the September 1987 congress drew such prominent participants
as Baron Edmond de Rothschild, David Rockefeller, Sweatman, representatives of
various U.N. agencies, the U.S. Agency for International Development, and Gro Harlem Brundtland, the pro-Soviet Norwegian Prime
Minister who unveiled Our Common Future,
the report of the World Commission on Environment and Development, which she
chairs.
The
key objective of the meeting was to build international political support for
the Brundtland Commission’s principal recommendations, especially its call for
creating a World Conservation Bank, which would facilitate swaps of Third World
debt for conservation projects in the debtor countries. In other words, debtor
countries would hand over masses of their national territory to an international
holding company, in return for a partial write-off of debt that they couldn’t
possibly pay under any circumstances.
Baker not only gave
his tacit approval to the proposal at the Wilderness Congress, but, according to
reliable sources, has been urging the Bush administration to throw its weight
behind it. There is, consequently, a very strong likelihood that the Bush
administration will give its official blessing to some version of a World
Conservation Bank, most likely the one which Michael Sweatman is now developing
under the auspices of the World Resources Institute.
In its original form,
the WCB drew sharp criticism from various quarters because it could potentially
gobble up the entire one-third of the world’s land mass that is classified as
“wilderness.” Sweatman, who takes credit for first proposing the World
Conservation Bank concept five years ago, heads up the International
Conservation Financing Project, which has been charged with cooking up a
politically saleable version of the WCB.
Financed by the United
Nations Development Program, the Canadian International Development Agency, the
MacArthur Foundation, the Organization of American States, the Pew Foundation,
the United Nations Environment Program, and U.S. Agency for International
Development, the ICFP issued its first report Feb. 6. Repeatedly referencing the
Brundtland Commission, and calling for a “vision that transcends borders, that
places the interest of humanity above the interests of nations,” the 160-page
report proffers a number of recommendations for imposing a “global environmental
ethic,” especially on the Third World.
Among the most important these
are:
-
Establishing
an International Environmental Facility – Sweatman’s
revised version of the WCB – which would “help mobilize substantial, additional
financing at appropriate terms for conservation projects from the bilateral
development agencies, the multilateral development agencies, and, where
possible, the private sector.” The Facility’s “basic function would be to help
identify, design, and finance sound conservation projects in the Third World.”
-
Setting
up a World Environmental Fund, administered by the UNDP, which would be financed
by fining “polluters,” and especially those activities which produce “greenhouse
gases.”
-
Furthering
various forms of the debt-for-equity exchange, including, for example giving
some debt relief to Third World countries which prohibit the use of tropical
forest areas for cattle ranching; or directing foreign loans to preservation of
wilderness areas, rather than for development.
Sweatman and others
associated with the project have privately expressed great confidence that the
Bush administration will soon go to bat for the ICFP’s proposals, which will be
produced in final form this summer. “We have many ins to the Bush
administration,” someone close to the ICFP disclosed. “Bush and Baker are both
ardent environmentalists. That’s clear not only from the public record, but also
from private discussions. We are very well connected to Baker, and, with the
President’s known outlook, we anticipate strong support for the
project.”
Through Sir Laurens van der Post, a leading
backer of the project, Prince Charles’s support is also being enlisted, although
that’s supposed to be kept a big secret until later in
1989.