ESG-IN and IDCTA Accelerate Carbon Market Digitalisation, Promote Transparency and Green Financing Access
Efforts to bolster the credibility and transparency of Indonesia’s carbon market have entered a new phase. ESG-IN, together with the Indonesia Carbon Trade Association (IDCTA), has signed a memorandum of understanding (MoU) to accelerate the development of a data-verified carbon credit ecosystem, supported by artificial intelligence (AI) and blockchain technologies.
This collaboration is deemed strategic amid the urgent need for an accountable carbon trading system, while also opening access to green financing for sustainable projects domestically.
The MoU signing took place in Jakarta on Monday (4/5/2026), by ESG-IN Chief Executive Officer Brandon Keam and IDCTA Chairman Riza Suarga, witnessed by members of both organisations.
The collaboration focuses on accelerating the certification and trading of carbon credits, enhancing market transparency, and strengthening verified ESG (environmental, social, governance) data foundations.
Brandon Keam stated that this partnership represents a concrete step towards fostering a more inclusive and technology-based ESG ecosystem.
“Collaboration with IDCTA is a strategic step in realising ESG-IN’s vision of creating The World’s ESG Action Network that is digitalised, transparent, and empowers communities worldwide,” he said.
He added that integrating AI- and blockchain-based digital platforms will accelerate the growth of the national carbon market while opening up green investment opportunities.
“We are confident in accelerating the growth of Indonesia’s carbon market and unlocking significant green investment opportunities, while empowering every individual to become an ESG Hero and environmental leader,” he remarked.
Meanwhile, IDCTA Chairman Riza Suarga views this collaboration as a catalyst for the digital transformation of Indonesia’s carbon market, which has long faced challenges in transparency and standardisation.
“ESG-IN’s AI- and blockchain-based Digital MRV platform will help green projects in Indonesia meet international standards in emissions reporting and carbon credit certification,” he said.
He emphasised that this partnership has the potential to be a turning point in building a credible carbon market.
“We believe this collaboration will be a game-changer in developing a healthy, transparent, and sustainable carbon market in Indonesia,” he added.
Through this partnership, both parties will develop a digital Monitoring, Reporting, and Verification (MRV) system to speed up the certification process for carbon credits, plastic credits, and ESG Action Credits. Blockchain technology will also be utilised to ensure every transaction is recorded transparently and cannot be manipulated.
Additionally, ESG-IN will act as an off-taker for carbon credits produced by IDCTA member projects, while opening access to global markets and green financing.
The collaboration also encompasses capacity building through training and education, development of new environmental credit methodologies, and policy advocacy to support national carbon market regulations.
On a broader scale, the synergy between ESG-IN and IDCTA is expected to drive the achievement of Indonesia’s Nationally Determined Contribution (NDC) targets and the Net Zero Emission commitment by 2060, while creating new economic opportunities from monetising environmental actions.
With a technology-based approach and community empowerment, Indonesia’s carbon market is directed not only as an environmental instrument but also as an engine for inclusive green economic growth.