Transparency International: Climate change measures must be made corruption proof

As governments prepare to spend up to US$100 billion annually by 2020 to limit climate change and prepare for its impact, Transparency International (TI) warns of the corruption risks of climate finance flowing through new, untested channels and recommends strengthening governance systems to tackle them. The Global Corruption Report: Climate Change sets out practical guidelines to prevent corruption undermining climate change measures and calls on governments, international organisations, businesses and civil society to ensure good governance in climate policy. "The urgent need to respond to climate change needs to be enhanced by transparency and accountability. Oversight must be built into all climate-related initiatives from the start," said Huguette Labelle, chair of Transparency International. "Good governance now will help ensure the success of the impact of climate change policy and funding." Under global climate agreements, substantial new funding from governments and multilateral agencies will be made available to finance mitigation of climate change, such as renewable energy projects like wind farms or solar power plants, andadaptation to it, such as constructions of sea walls, irri…