News

Indonesia reopened international forestry carbon credit exports and launched a new SRUK registry, but an expert says its domestic carbon market remains sluggish.

The country’s biggest corporate mangrove projects are yet to generate carbon credits. But they could lay the foundation for a blue carbon market, experts say.

The researchers point to the need for diversified sources of conservation funding to complement carbon markets, such as blended finance, green bonds and payment for ecosystems services, as well as more supportive governance frameworks.

ADB's Indonesia renewable portfolio tops 600 MW but blended finance "cannot address perpetual regulatory uncertainty." Land delays alone can raise EPC costs 20% and cut returns by 4 percentage points.

Vingroup is registering EV and charging carbon credits under Gold Standard and VCS, targeting 4.5 million credits by 2029. Vietnam's domestic ETS launched with 511M tCO2e in allowances across three sectors.

Indonesia holds 17% of the world's mangroves and seagrasses, yet still lacks the trained workforce needed to deliver its blue carbon ambitions.

Driven by the implementation of Article 6 under the Paris Agreement and countries’ NDCs, the CORSIA is rapidly emerging as one of the world’s most influential compliance markets. ASEAN countries are the potential major suppliers of carbon credits.

SAF is widely seen as a key solution for decarbonizing the aviation sector. However, the International Air Transport Association (IATA) has struck a pessimistic tone, projecting global SAF production will reach just 2.4 million.

The rollout of carbon pricing, CBAM, and CORSIA is driving demand for carbon credits and creating new career opportunities in the sector.

Resource-rich Indonesia is moving to further open its forestry carbon market, as the Ministry of Forestry rolls out a new regulation aimed at improving credit quality and market integrity.