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Indonesia’s carbon credit export potential in the forestry sector has reached Rp2.6 trillion (US$172.6 million) per year, said Finance Minister Sri Mulyani Indrawati at the Sustainable Finance for Climate Transition Roundtable, a G20 side event held on Ju

Indonesia’s carbon tax scheme, which was set to go into force in July, could be postponed due to global economic volatility and to give authorities time to prepare, according to a government official.

MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.

With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.

Indonesia's Ministry of Environment and Forestry has confirmed the suspension of validating certain carbon projects in the country's Sumatra and Kalimantan regions since they didn’t comply with the country’s regulation.

The Indonesian government has decided to postpone the implementation of its carbon tax from April to July due to global economic upheaval and continued disruptions in the energy industry, a government official said over the weekend.

PT Perusahaan Listrik Negara (PT PLN), Indonesia’s state-owned electricity company, and PT MAS Sumbiri, a multinational firm engaged in the production of clothes, have signed a contract for the purchase of Renewable Energy Certificates (REC), demonstratin