Indonesian Political, Business & Finance News

MPR praises Prabowo: Carbon economy must become growth engine

| Source: ANTARA_ID Translated from Indonesian | Economy
MPR praises Prabowo: Carbon economy must become growth engine
Image: ANTARA_ID

Deputy Speaker of the People’s Consultative Assembly (MPR) Eddy Soeparno has expressed appreciation for President Prabowo Subianto’s speech at the 2026 MPR Annual Session, which gave special attention to the development of the carbon economy.

“I very much appreciate the President’s attention to the carbon economy. This is in line with what I have long advocated, that the carbon economy must be made one of Indonesia’s new economic pillars,” Eddy said in a statement in Jakarta on Friday.

He assessed that the President’s statement represents a strong political commitment that the carbon economy must be positioned as part of the national economic growth strategy, rather than merely as an instrument for achieving emission reduction targets.

In this context, he said the presence of the Carbon Unit Registry System (SRUK) is a highly strategic step. The system is needed to ensure that every carbon unit traded has clear recording, verification and traceability, thereby building market confidence.

“SRUK is the foundation of trust in Indonesia’s carbon market. If we want to attract investment and make carbon a credible economic commodity, then data integrity, transparency, traceability and international standards must be the main principles,” he said.

Eddy said strengthening SRUK must go hand in hand with regulatory certainty, readiness of carbon projects, and coordination across ministries and agencies.

According to him, many carbon projects are already in the technical, financial and institutional preparation stages, so Indonesia must ensure these projects have a clear pathway towards carbon monetisation and integration into the national system.

The wealth of forests, peatlands, mangroves, renewable energy potential, waste management and technologies such as carbon capture and storage (CCS) can all be part of the low-carbon economy ecosystem.

“The President’s message today must be followed up with concrete work. With Indonesia’s large carbon potential, its economic value must be utilised as effectively as possible. We must build a carbon market that is credible, competitive and provides economic benefits for Indonesia,” Eddy said.

In the Annual Session, President Prabowo affirmed that the government continues to drive the green economy through the development of a carbon economic value ecosystem.

“We are also driving the green economy. The Carbon Unit Registry System and the carbon economic value exchange have been established and are operating by adopting global carbon standards,” he said.

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