Forestry Minister: Indonesia's carbon trading ecosystem ready for implementation
Jakarta (ANTARA) - The Minister of Forestry, Raja Juli Antoni, has revealed that Indonesia’s carbon trading ecosystem is ready for implementation.
“Under the orders of President Prabowo Subianto, we can begin to improve and even implement our carbon trading ecosystem. God willing, we will be able to execute this,” Raja Juli Antoni stated in Jakarta on Thursday.
He noted that the Ministry of Forestry will issue Ministerial approvals and facilitate the issuance of forestry carbon credits to three holders of Forest Area Utilisation Business Licences (PBPH) and one social forestry scheme. This involves a volume of approximately 31 million tonnes of CO₂e, with an estimated transaction value of Rp5 trillion and Non-Tax State Revenue (PNBP) of around Rp500 billion.
The handover is scheduled for 6 July 2026, three days prior to the launch of the Carbon Unit Registry System (SRUK) on 9 July 2026, which will serve as the primary infrastructure for the national carbon market.
“This is part of what the President has commanded as a new engine of growth to achieve 8 per cent economic growth, specifically by utilising green growth, so that there is a balance between development and the equilibrium between economy and ecology,” said Raja Juli Antoni.
As information, the Indonesian Government has reaffirmed its commitment to building a credible, transparent, and high-integrity carbon market as a vital instrument in mobilising global climate finance.
The Minister of Forestry, Raja Juli Antoni, stated that the main challenge in climate finance currently is the lack of conducive conditions to ensure that investment can flow safely and at scale into various climate solutions.
According to him, the carbon market holds great potential to channel investment towards emission reductions, forest protection, ecosystem restoration, and sustainable development.
However, to realise this potential, the carbon market must be built upon a foundation of integrity, transparency, regulatory certainty, and trust.
He assessed that Indonesia holds strategic interests in strengthening the global carbon market, given that Indonesia is one of the countries with the largest tropical forest areas in the world, playing a crucial role in climate change mitigation.
To this end, the Indonesian Government continues to strengthen national carbon governance through various policy reforms and the reinforcement of institutional instruments.