IDX Encourages Public Participation to Strengthen Indonesia's Carbon Market
Jakarta (ANTARA) - PT Bursa Efek Indonesia (IDX) has launched the “Aku Net-Zero Hero” campaign, aimed at encouraging active public and individual participation in adopting low-carbon lifestyles and strengthening the development of the national carbon trading ecosystem through the Indonesia Carbon Exchange (IDXCarbon).
This launch represents IDX’s commitment to broadening the base of carbon market participants beyond corporations to include individuals, while supporting a transition to an inclusive and sustainable low-carbon economy.
“Through ‘Aku Net-Zero Hero’, IDX aims to create opportunities for the public to contribute directly to emission reductions, as the transition to net zero is not solely the responsibility of corporations but a collective movement involving all segments of society,” said IDX’s Director of Finance, Human Resources, and General Affairs, Risa E. Rustam, at the IDX Main Hall in Jakarta on Wednesday.
Through this campaign, Risa explained, individuals are invited to take three main steps: calculating emissions from daily activities, reducing emissions through lifestyle changes, and offsetting emissions by purchasing carbon credits from green projects listed on IDXCarbon.
“This campaign also emphasises the ‘reduce first’ principle, prioritising emission reductions before offsetting. It highlights the perspective of climate justice to enhance understanding that the impacts of climate change are not felt equally, thus requiring fair and inclusive collective participation from all stakeholders,” said Risa.
In its implementation, IDX is collaborating with several strategic partners, including PT Bank Mandiri (Persero) Tbk through its Livin’ Planet feature, Pertamina NRE which provides SPE-GRK for emission offsetting at the launch event, and Jejakin as a provider of carbon footprint calculation and offsetting solutions.
Through this collaboration, the public can easily calculate their carbon footprint, set emission reduction commitments, and perform offsets directly via digital platforms integrated with IDXCarbon.
“This ease is reinforced through the ‘retirement on behalf’ concept at IDXCarbon, allowing individuals to purchase carbon units and offset emissions via companies or intermediary platforms,” said Risa.
With this mechanism, every individual still receives a certificate in their own name that is officially recorded, either directly or indirectly, in the state’s National Climate Change Control Registry System (SRN PPI).
IDXCarbon has recorded positive performance trends, reflected in the increasing individual participation in carbon trading.
Of the total 2,065 beneficiaries who have offset more than 1.3 million tonnes of carbon dioxide equivalent, 1,566 are individuals or retail participants. Additionally, 40 activities have also offset emissions through IDXCarbon.