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Menampilkan postingan dari Januari, 2021

A New Sphere of Sukuk: Linking the Pandemic to the Paris Agreement (The World Financial Review, Finance & Banking, December 28th, 2020)

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https://worldfinancialreview.com/a-new-sphere-of-sukuk-linking-the-pandemic-to-the-paris-agreement/ By  Greget Kalla Buana  and  Khairunnisa Musari The number of reported COVID-19 cases is approaching 50 million across the globe, and the death toll has passed a million. Not only does it bring about severe health issues, but also economic, social and political instability. However, the environmental perspective seems to be a different story. Apart from the pandemic, 2020 also marks the entry into force of the Paris Agreement, an accord within the United Nations Framework Convention on Climate Change (UNFCCC), signed five years ago in Paris. Adopted by 197 countries, this agreement was to tackle climate change and its negative impacts by means of mitigation, adaptation and finance, with the main objective of limiting global temperature rise to below 2 degrees Celsius. Being among countries that have ratified the agreement, Indonesia is required to prepare, communicate and maintain su