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Indonesia carbon market expansion and forest governance

Updated 6 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-19 02:41 UTC → 2026-09-08 15:20 UTC · added removed

Indonesia is advancing a multi-track low-carbon transition, balancing a coal-reliant power sector with goals for 70% renewable energy by 2060. Following the July 2026 activation of the Carbon Unit Registry (SRUK), the government has moved to strengthen carbon market governance through Presidential Regulation No. 110/2025 and Ministry of Forestry Regulation No. 6/2026. Forestry Minister Raja Juli Antoni noted that these frameworks aim to overcome outdated mindsets and unlock the country’s vast Environment Minister Moh Jumhur Hidayat have emphasized high-integrity frameworks that ensure transparent benefit-sharing for local communities. Minister Hidayat has likened carbon potential. trading to “trading oxygen,” advocating for its use alongside ecotourism to drive regional economic growth. To support this, the ministry is launching pilot projects in Way Kambas National Park maturing carbon industry, new regulations (PSPK 1 and PSPK 2) will take effect on January 1, 2027, requiring businesses to establish reliable greenhouse gas inventories. This shift has established created a National Park Funding Innovation Task Force demand for specialized expertise, prompting initiatives like Carbon Youth Week 2026 to promote blended-finance schemes. Efforts are also focused on expanding the carbon industry into global voluntary address technical human resource shortages. Governance efforts include a “multidoor” legal approach to dismantle organized forestry crime and compliance markets, utilizing wildlife trafficking networks by collaborating with the Article 6 framework of Corruption Eradication Commission (KPK) and the Paris Agreement Financial Services Authority (OJK). This strategy utilizes forensic science and partnerships with South Korea. Environment Minister Moh Jumhur Hidayat emphasized refining regulations financial investigations to ensure high integrity and clear benefit-sharing mechanisms for local communities. target the economic incentives of environmental crime. In international trade, Indonesia is working with the European Union continues to align forestry regulations with the EU Deforestation Regulation (EUDR). During (EUDR) through the 11th FLEGT-VPA Joint Implementation Committee meeting, officials discussed using framework. Officials are utilizing the Legality and Sustainability Verification System (SVLK) to ensure product traceability. traceability, with EU Ambassador Denis Chaibi noted noting that forest FLEGT-licensed products holding a FLEGT license remain recognized under the new EUDR framework. This complements the ministry’s broader enforcement strategy, which includes a “multidoor” legal approach to dismantle organized forestry crime networks through financial investigations and asset recovery.

Versions

  1. 2026-09-08 15:20 UTC Indonesia carbon market expansion and forest governance
  2. 2026-08-19 02:41 UTC Indonesia carbon market expansion and forest governance
  3. 2026-08-11 16:25 UTC Indonesia carbon market launch and forest management
  4. 2026-08-10 08:25 UTC Indonesia carbon market launch and forest management
  5. 2026-08-10 03:55 UTC Indonesia carbon market launch and forest management
  6. 2026-08-05 05:46 UTC Indonesia carbon market launch
  7. 2026-07-29 08:07 UTC Indonesia carbon market launch

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