European 🇪🇺

  • 70 Posts
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Joined 2 years ago
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Cake day: June 10th, 2023

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  • I am positively surprised that there is a plan at all; and that subsequently, some countries have forwarded a pollution reduction plan. Though it’s clear that some countries are producing and polluting more than others, either by GDP and or per capita, it’s also true that some very poor countries ( ex. Bangladesh, Sahel region, Iran) are suffering way more than others.

    Even though climate change is undeniable, some factors like responsible land, forest, water, agricultural use ( resources), but also building quality, can contribute to or alleviate disasters.

    It is a complex and codependent world we humans have created, within an apperantly more and more fragile ecosystem. Who will pay, whom will receive, and how much, should be based on some clear measurable variables, but mostly it will probably all depend on political will and moral responsibility.




  • For context according to this link they need 39 B USD, and this “dim-sum” bond is part of the Indonesian diversification strategy.

    "According to the budget plan, the Government aims to raise 642.6 trillion rupiah (39 billion USD) this year to cover the deficit. This year, Indonesia has issued many other types of foreign currency bonds such as: Dual currency bonds (USD and Euro) in January and October, raising a total of more than 3 billion USD; Islamic bonds (sukuk) in July; Japanese Yen samurai bonds in June (worth 103.2 billion Yen); Australian dollar (AUD) kangaroo bonds in August (worth 800 million AUD).,