News
News
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.
December 23, 2024‘Phantom’ rice projects expose voluntary carbon market failings
Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?
November 18, 2024COP29: 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.
September 30, 2024Thailand turns to mangrove carbon credits despite scepticism
Thailand aims to bring thousands of hectares of mature mangroves into its new carbon market, but local communities are concerned about the consequences.
September 16, 2024Indonesia’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.
September 16, 2024China’s carbon market is moving from burden to boon
China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
May 07, 2024Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI
Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
March 25, 2024Indonesia 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 20, 2023Indonesia’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, 2023Indonesia 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.