Carbon Trading: President Prabowo Said to Make the Impossible Possible

Carbon trading in the forestry sector, which for years remained merely a concept, has now begun to be realised. Minister of Forestry Raja Juli Antoni said the accelerated implementation would not have been possible without the support of President Prabowo Subianto.

“Of course, we convey our appreciation and thanks to President Prabowo, who once again has made something that felt impossible possible, something that was previously mere talk into something we can now realise,” said Raja Juli Antoni at the launch of the Carbon Unit Registry System (SRUK) in Jakarta on Thursday (9/7).

The implementation of carbon trading began after the Ministry of Forestry issued permits to four holders of Forest Utilisation Business Approvals (PBPH) to conduct carbon transactions. The four consist of three concession-based PBPH holders and one social forestry entity.

Raja Juli Antoni affirmed that the Ministry of Forestry would continue to expand the implementation of carbon trading so that its benefits can be felt more widely, both by businesses and forest-managing communities. In this way, the policy is expected to strengthen forest protection whilst improving community welfare.

“This includes our 8.3 million hectares of social forestry, which will be able to benefit from this carbon trading process, along with 1.4 million hectares of customary forests that we will empower together,” said Minister Raja Juli Antoni.

The government officially launched the Carbon Unit Registry System (SRUK) today. Meanwhile, the Ministry of Forestry became the first ministry to implement carbon trading by issuing the Minister of Forestry Approval on the issuance of carbon units through the Non-Greenhouse Gas Emission Reduction Certificate (Non SPE-GRK) scheme on 6 July 2026.

This step forms part of the acceleration of green economic development being pursued by the government under the leadership of President Prabowo Subianto.