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Indonesia’s carbon market flats, even no trading

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As of the end of September 2023, following the official launch of the Indonesia Carbon Credit Exchange (IDX Carbon), trading volume in the country led by the state-owned oil company, surpassed that of the Japanese and Malaysian markets at one point. However, a British media platform has discovered that in reality, over the past 2 months, carbon trading in Indonesia has not been active, with most of the time experiencing little to no trading activity.

Indonesia Stock Exchange in Jakarta(Photo: iStock)

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