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Greenwashing Wall Street

Published: February 7, 2015, Author: JayTaber

Excerpts from the McKibben’s Divestment Tour: Brought to You by Wall Street series by Cory Morningstar:

Coalition for Environmentally Responsible Economies (CERES) is a partner of the World Business Council for Sustainable Development (WBCSD). CERES funders are associated with Goldman Sachs, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America.

WBCSD is part of a Wall Street strategy to dislodge the United Nations Center on Transnational Corporations, and prevent enforceable rules governing the operations of multinational corporations.

One third of the CERES network companies are in the Fortune 500. Since 2001, CERES has received millions from Wall Street corporations and foundations.

CERES president Mindy Lubber promotes “sustainable capitalism” at Forbes. Bill McKibben (founder of 350) was an esteemed guest of CERES conferences in 2007 and 2013.

1Sky, which merged with 350 in 2011, was created by the Clinton Foundation and the Rockefeller Brothers Fund. Betsy Taylor of 1Sky/350 is on the CERES board of directors.

In 2012, Bill McKibben and Peter Buffett (oil train tycoon Warren Buffet’s son) headlined the Strategies for a New Economy conference. Between 2003 and 2011, NoVo (Buffet’s foundation) donated $26 million to Tides Foundation, which in turn funds CERES and 350.

Suzanne Nossel, former Deputy Assistant Secretary of State under Hillary Clinton, is on the Tides board of directors.

Chief George Manuel Memorial Indigenous Library

The library is dedicated to the memory of Secwepemc Chief George Manuel (1921-1989), to the nations of the Fourth World and to the elders and generations to come.

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