Indonesia Signs On To International Effort To Boost High-Integrity Carbon Trading
Indonesia joined the Coalition to Grow Carbon Markets as its 11th national member, co-chaired by Kenya, Singapore, and the UK, endorsing Shared Principles for high-integrity carbon credit use to attract private capital for emissions reductions and nature conservation. Indonesia’s Forestry Ministry brings expertise in forest/mangrove/peatland projects, aligning with its global carbon market return and green growth goals, joining members like Canada, France, Panama, Peru, Switzerland, New Zealand, and Zambia. The accession was announced at a London roundtable following President Prabowo Subianto’s meeting with UK PM Keir Starmer, building on COP30 principles for credible corporate credit engagement.
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