Finance

How Indonesia Taxonomy Can Accelerate Climate Financing and Prevent Greenwashing

Indonesia requires a total investment of USD 285 billion to achieve its 2030 climate targets, yet a significant funding gap persists. The government has allocated USD 96.9 billion, which constitutes 34% of the total required investment, through its annual climate budget, equivalent to approximately 4.3% of the state budget. Additionally, the financial sector contributes USD […]

Climate Diplomacy Finance

Debt-for-Climate Swaps: A Lifeline for Vulnerable Nations

The two separate problems yet very connected for developing nations are rising debt and compounding climate change impacts. These two crises have threatened the very existence and the development of trajectories in many nations. Developing countries, most especially the least Developed Countries (LDCs), are caught in a vicious cycle of debt dependency and inadequate climate […]