Finance

Paradox of COP30 Finance

Amidst Big Slate Ambitions and Implementation Structure Fences. One of the areas of the climate finance implementation gap that has received insufficient attention relates to its overlap with the current international debt architecture. The Global South countries are in a vicious cycle whereby climate disasters ruin productive potential, which must be rebuilt with the help […]

Finance

Loss, Damage, and Delayed Justice : Can COP30 Change Pakistan’s Climate Future?

Belém’s COP30 which was held in Brazil this time, felt like standing in two different worlds at once: inside the pleasant air-conditioned arena where screens glowed with the promise of trillions in climate finance; outside, delegates from disaster-hit countries like Pakistan kept checking their phones for fresh updates from home about destruction and casualties. You […]

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 […]