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 […]
Category: 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 […]
Equity or Exclusion? Indonesia’s Rejection of the Belém Roadmap
A decade after the Paris Agreement in 2015, the 30th Conference of the Parties or COP30 was held in Belém, Brazil. Nations and the global community gathered with one singular focus of turning pledges into actions, especially discussing the Global Goal on Adaptation (GGA) and climate finance. From the COP30 a lot of outcomes were […]
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 […]
Indonesia Must Seize the Opportunity to Access the Loss and Damage Fund
While debates over the commitment of developed nations to fund The Loss and Damage Fund (LDF) remain contentious, Indonesia cannot afford to let this opportunity pass by. The Loss and Damage Fund has the potential to transform how the country prepares for and responds to climate impacts, and we must act decisively. This can be […]
Bridging the climate finance gap: COP29’s defining moment
he 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change in Baku, Azerbaijan arrived at a moment of unprecedented global urgency, with developing nations grappling with escalating losses from climate change and the long-overdue need for adequate financing. The main goal of COP29, like other past conferences, is to […]