News
News
January 22, 2025
Indonesia opens carbon market to global buyers with 40,000 tons traded on first day
Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.
January 14, 2025
Indonesia to launch first international carbon trading with PLN-backed projects
Indonesia will open its carbon credit market to international buyers for the first time on Jan. 20, with 1.7 million carbon credits available for trade. These credits can be purchased by countries as part of their NDCs.
November 18, 2024
COP29: Baku summit makes early breakthrough on global carbon market standards
On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.
November 14, 2024
Sarawak to establish climate change center to foster green economy, carbon trading
Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.
November 04, 2024
Japan, Vietnam approve 9 JCM carbon credit projects
Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.
September 16, 2024
Indonesia’s new government targets $65 bln green fund through carbon credit revenues
Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
March 25, 2024
Indonesia to announce carbon emission caps to revitalize carbon credit market
Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan
September 25, 2023
Tokyo Stock Exchange to launch carbon credit trading on October 11
Tokyo Stock Exchange will begin trading carbon credits on October 11, launching Japan's first exchange-based carbon market as the world's fifth-largest emitter moves to address climate change.
September 20, 2023
Indonesia’s first carbon trade to run on September 26
Indonesia plans to launch its first carbon trade next week, aiming to provide companies a mechanism to offset their emissions, while offering funding for carbon reduction projects.
August 25, 2023
Indonesia issues regulations for operation of its first carbon exchange
Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.