Indonesia Carbon Exchange (IDX Carbon) has outpaced the performance of similar exchanges in Malaysia and Japan since its initiation on September 26.
The Indonesia Stock Exchange (IDX) has reported significant progress in the early stages of its carbon exchange. Approximately 460,000 tons of tCO2 equivalent, valued at Rp 29.2 billion (US$ 1.84 million), have already been traded in the carbon market.
The Indonesia Carbon Exchange has surpassed the performance of similar exchanges in Malaysia and Japan. (Photo: iStock)
IDX Carbon currently has 16 active participants, consisting of one seller, PT Pertamina Geothermal Energy Tbk, and 15 purchasing companies. Another 10 participants are in the pipeline, preparing to join the exchange.
