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.
Indonesia, one of the world's largest emitters of greenhouse gases, updated its national determined contribution (NDC) under the Paris Agreement, raising its carbon reduction target from 29% to 31.89% on its own and from 41% to 43.2% with international assistance by 2030.