carbon market Archives

Regional Webinar Driving Decarbonization: Understanding Carbon Markets in the Asian Regions

Background Global temperatures are set to surpass the 1.5°C threshold above pre-industrial levels, a limit established to prevent the most catastrophic impacts of climate change. However, global efforts to reduce greenhouse gas emissions (GHGs) fall significantly short. By 2030, emissions are projected to be reduced by only 11%, far below the necessary goal of halving…

Kontan | Producers Tend to Export Biomass Rather than Sell Domestically

Media Coverage24 July 2024326Views 0Likes 0Comments

The government will continue to encourage the use of biomass to reduce carbon emissions. The policy is contained in the Draft Government Regulation (RPP) which will revise Government Regulation (PP) 79/2014 on the National Energy Policy (KEN). Read more on Kontan.

Tirto | Uncovering the Causes of Low Carbon Trading in Indonesia

Media Coverage11 December 2023481Views 0Likes 0Comments

Indonesia's carbon trading initiative is yet to gain momentum. Despite its launch by President Joko Widodo on September 26, 2023, the total trading value on the Indonesian carbon exchange has only reached Rp30.7 billion. The trading volume so far has been 490,716 tons of carbon dioxide equivalent (CO2e) until November 30, 2023. Additionally, 71.95 percent…

Kompas | ADB: Carbon Prices Are Too Low to Impact Emission Reductions

Media Coverage22 November 2023365Views 0Likes 0Comments

The average global carbon price is still considered too low to achieve zero carbon emissions by 2050. A higher carbon offset price could generate more funds for environmental conservation projects that support achieving carbon neutrality. Read more on Kompas.

Tempo | Beware of the Impact of Carbon Exchange

Media Coverage17 October 2023355Views 0Likes 0Comments

The Ministry of Industry aims to achieve carbon neutrality in the industrial sector by 2050, ten years faster than the previous target 2060. Several parties warned of the challenges of decarbonization efforts, particularly in the face of carbon exchanges. Read more on Tempo.

Bisnis | Transactions on the Carbon Exchange have been Slow due to Certain Reasons

Media Coverage17 October 2023358Views 0Likes 0Comments

New renewable energy (EBT) power plants have the potential to enliven the country's carbon market. But what considerations should be taken before listing on the stock exchange? Read more on Bisnis Indonesia.

Navigating Indonesia’s Carbon Market: Challenges, Opportunities, and the Road Ahead

Blog11 October 20237KViews 0Likes 4Comments

The rapid progress of carbon pricing in Indonesia has reached important milestones. Presidential Regulation (Perpres) 98/2021 on the Carbon Economic Value, or Nilai Ekonomi Karbon (NEK), has served as the cornerstone for building the infrastructure and framework for its implementation. The birth of the NEK regulation is a response to the Article 6…

Kompas | BREN Tops the Renewable Energy Sector on the Stock Exchange

Media Coverage11 October 2023412Views 0Likes 0Comments

PT Barito Renewables Energy Tbk was officially listed on the Indonesian Stock Exchange with the issuer code BREN, on Monday (9/10/2023). This company, which produces electricity from geothermal energy, experienced excess supply after scoring the largest capitalization on the stock exchange for the renewable energy sector during its initial public offering. Read more on …

Kontan | Carbon Exchange Transactions Are Low, IESR Examines the Causes

Media Coverage11 October 2023298Views 0Likes 0Comments

Carbon Exchange Transactions (Indonesia Carbon Exchange) remained quiet as of Friday (6/10). According to the Daily Trading Report on the official IDXCarbon website, on Friday (6/10), there were no recorded transactions from the 17 service users. Read more on Kontan.

Kompas | Net Carbon Absorption by 2030: Clean Carbon Absorption by 2030: Merely a Target or a Realistic Vision?

Media Coverage11 October 2023376Views 0Likes 0Comments

On October 29, 2021, as part of the environmental crisis mitigation agenda, Indonesia issued Presidential Regulation No. 98/2021. One of its provisions mandates clean carbon emission absorption by 2030, with a primary focus on the forestry and land sector, known as the FOLU Net Sink 2030. Read more on Kompas.

Kata Data | IESR Urges Government to Prepare Roadmap for Carbon Tax Implementation

Media Coverage4 October 2023287Views 0Likes 0Comments

The government is still finalizing carbon tax regulations, even though it launched a carbon trading exchange on Tuesday (26/9). Read more on Kata Data.

Tempo | Carbon Market Officially Launches, Economists Highlight These 5 Things.

Media Coverage29 September 2023304Views 0Likes 0Comments

Carbon trading through the carbon market was officially launched on Tuesday, September 26, 2023. Bhima Yudhistira, the Executive Director of the Center of Economic and Law Studies (Celios), has provided some notes that should be considered to ensure that the carbon market can effectively reduce emissions. Read more on Tempo.