Opinion / #OECD
Neglecting to address the mining industry’s human rights violations and environmental destruction could undermine the bloc’s efforts to ensure access to raw materials and to mitigate climate change.
As leaders of developing nations chart bold, new pathways for sustainable development, advanced economies and wealthy petrostates must step up by providing the necessary climate finance.
The government elected next year will have a long to-do list, not least of which is to continue pursuing meaningful development as Indonesia aspires to reach high income status by 2045.
Traditional political mechanisms tend to approach climate issues separately, with poor results. An emerging innovation in sovereign finance – sustainability-linked bonds – offers a better way forward.
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