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KUPANG TIMES - Indonesia is very lucky, when a number of other developing countries, are busy lobbying with developed countries, so they can get financing, in overcoming the climate crisis.
Indonesia and South Africa have obtained Billion Dollar Fund Commitments from a number of Developed Countries and Multilateral Institutions.
The funds focus on:
1. Energy Transition,
2. Restoring Degraded Forests,
3. Processing Industrial Waste.
At the Bali G20 Summit, as well as the COP27 Egypt Climate Conference, Green Finance was the main topic of discussion for the delegates.
ATTENTION: "watch out, debt trap, okay!"
(W.J.B)
