News
Regulation
September 07, 2023
Indonesia's VP urges tougher vehicle emissions tests to fight air pollution
Vice President Ma'ruf Amin has called for stricter carbon emission testing on motorized vehicles in Jakarta to combat air pollution.
August 25, 2023
Indonesia issues regulations for operation of its first carbon exchange
Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.
August 23, 2023
Indonesia will lift solar energy rules to unleash green investment
Indonesia will ease rules that have slowed development of solar power in the coal-dependent country, lifting one of the many legal roadblocks to the archipelago’s goal of reaching net zero emissions by 2050.
July 24, 2023
Activists urge Indonesia to push for fairer carbon market
Climate activists urge Indonesia to ensure that the global carbon market does not undermine genuine greenhouse gas emission reduction efforts ahead of the COP28 in Dubai.
June 16, 2023
Indonesia could achieve net-zero emissions five years ahead of target
Indonesia could reach net-zero emissions by 2055, five years ahead of the government’s goal of 2060, if it receives financial and technology support, Indonesia’s Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said on Tuesday.
May 31, 2023
Indonesia hopes to become regional carbon storage hub
The Indonesia Carbon Capture and Storage Center (ICCSC) was established on May 30 with hopes to help propel the country’s agenda to become a regional hub for carbon capture storage (CCS) solution.
May 12, 2023
Indonesia to launch carbon exchange in H2
Indonesia’s financial regulator said on May 5 that the government plans to launch a carbon exchange in the second half of this year, as part of efforts to boost renewable energy use and achieve net-zero emissions by 2060.
February 24, 2023
Indonesia introduces carbon trading scheme for coal power plants
Indonesia's efforts to decarbonize the country's power generation sector took a significant step forward on Feb. 22 when the government initiated the first phase of mandatory carbon trading for coal-fired power plants.
February 03, 2023
Indonesia to start carbon trading for coal-fired power plants
Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.
November 07, 2022
Indonesia Stock Exchange signs MoU with green fintech to establish carbon trading platform
The Indonesia Stock Exchange (IDX) is set to work with MetaVerse Green Exchange (MVGX), a Singapore-based digital green exchange, to develop its first carbon credit trading platform in a bid to incentivize domestic high-emitting industries to reduce their