Indonesia has officially launched its High-Integrity Carbon Market, a key initiative to drive sustainable and inclusive economic growth while advancing climate action. The Ministry of Forestry, in collaboration with Standard Chartered, the Indonesia Climate and Growth Dialogue (ICGD), the Business Partnership for Market Implementation (BPMI), and the International Emission Trading Association (IETA), hosted a high-level roundtable in São Paulo on November 8, 2025, during the COP30 UNFCCC Summit. The event showcased Indonesia’s readiness to become a global hub for transparent and credible carbon trading that benefits both investors and local communities.
Presidential Envoy for Climate and Energy Hashim Djojohadikusumo and Minister of Forestry Raja Juli Antoni emphasized that Presidential Regulation No. 110 of 2025 on Carbon Economic Value and Greenhouse Gas Control provides a strong policy foundation for the new market. Indonesia aims to mobilize up to USD 7.7 billion annually from carbon transactions while ensuring every emission credit is traceable, verified, and accountable. The Ministry also signed an MoU with the Integrity Council for the Voluntary Carbon Market (ICVCM) to align national forestry carbon credits with the Core Carbon Principles (CCPs). Through strategic partnerships and regulatory reforms, Indonesia is strengthening its carbon market governance and positioning itself as a leader in sustainable finance and climate innovation.
