Thursday, July 24, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

Indonesia Carbon Credit 2025: 6 Unit Projects Ready to Trade

by Raidi
2025-01-14
in Economic
A A
Indonesia Carbon Credit

(Pinterest)

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, Indonesia Sentinel — The Indonesia Stock Exchange (IDX) has reported encouraging developments in its carbon trading platform, IDXCarbon, as it enters 2025. This year, IDXCarbon boasts six carbon credit projects available for trading, reflecting growing momentum in carbon transactions and fostering the development of a green economy in Indonesia.

Since its launch on September 26, 2023, IDXCarbon has achieved a cumulative trading volume of 1,000,000 tons of CO2 equivalent (tCO2e). By the end of 2024, the platform had attracted 100 registered users, signaling increasing interest in carbon trading.

First Authorized International Carbon Credit Trade

Jeffrey Hendrik, Director of Development at IDX, highlighted the regulatory framework supporting carbon credit trading. Presidential Regulation No. 98/2021 and Ministry of Environment and Forestry Regulation No. 21/2022 outline the mechanisms for authorizing carbon credits for foreign transactions.

RelatedPosts

Seven Suspects Named in Pertamina Corruption Case, State Losses Over Rp193 Trillion

Indonesia Expands Natural Gas ‘Jargas’ Network to Cut LPG Imports by 2030

“The inaugural trading of authorized carbon credits is scheduled for January 20, 2025, pending approval from the Ministry of Environment and Forestry,” Jeffrey stated on Monday, January 13, 2025, as reported by Detik Finance.

ADVERTISEMENT

While he did not disclose specific trading volumes, Jeffrey noted that one of the initial projects slated for authorization is operated by PLN Group, listed on both the National Registry System (SRN) and IDXCarbon.

New IDXCarbon Projects 

According to Detik Finance, IDXCarbon welcomed three new carbon credit projects in Indonesia at the start of 2025, further enhancing its portfolio. These include:

  1. PLN Indonesia Power’s Natural Gas-Fired Power Plant
    • Project: Operation of the Priok Block 4 Combined Cycle Power Plant.
    • Carbon Credits: 763,653 tCO2e.
    • Vintage Year: 2021.
  2. PLN Indonesia Power’s Single Cycle Conversion
    • Project: Conversion of Grati Block 2 from Single Cycle to Combined Cycle.
    • Carbon Credits: 407,390 tCO2e.
    • Vintage Year: 2021.
  3. PLN Nusantara Power’s Muara Tawar Conversion
    • Project: Conversion of Muara Tawar Block 2 from Single Cycle to Combined Cycle.
    • Carbon Credits: 30,000 tCO2e.
    • Vintage Year: 2023.

All the carbon credit projects are classified under Indonesia Technology Based Solutions (IDTBS), indicating technology-driven carbon reduction efforts originating in Indonesia.

International Market Entry

The upcoming international carbon trading market has garnered significant attention. “The opening of this international market has been met with enthusiasm from various stakeholders. We’ve received numerous inquiries from foreign media and prospective buyers,” Jeffrey added.

Existing Projects and Continued Growth

In 2024, three notable projects added to IDXCarbon include:

  • Lahendong Units 5 and 6 by PT Pertamina Geothermal Energy Tbk.
  • Muara Karang Block 3 Combined Cycle Power Plant by PJB.
  • Gunung Wugul Minihydro Power Plant.

As IDXCarbon gains traction, it is poised to play a pivotal role in advancing Indonesia green economy and positioning the country as a key player in the global carbon credit market.

 

(Raidi/Agung)

Tags: carbonCarbon CreditGreen EconomyIDXCarbon
ADVERTISEMENT

Related Posts

Indonesia Continue Negotiations with U.S., Secure 0% Import Tariffs on Several Essential Commodities

2025-07-22

Jakarta, Indonesia Sentinel -- The Indonesian government is continuing negotiations with the United States in an effort to secure zero...

Trump Tariffs

Indonesia to Buy 50 Boeing in a Deal to Avoid Trump 32% Tariffs

2025-07-22

Jakarta, Indonesia Sentinel -- Indonesia has agreed to purchase 50 Boeing aircraft from the United States as part of a...

Benchmark Interest Rate

Bank Indonesia Cuts Benchmark Interest Rate to 5,25% in July 2025

2025-07-21

Jakarta, Indonesia Sentinel -- Bank Indonesia has decided to lower its benchmark interest rate, known as the BI Rate, by...

Trump Tariff

Trump Announces 19% Tariff on Indonesian Imports, While U.S. Gains Full Access to Indonesian Resource

2025-07-17

Jakarta, Indonesia Sentinel -- U.S. President Donald Trump announced a new 19% import tariff on goods from Indonesia on Tuesday...

E-Commerce Tax

Indonesia Mandates E-Commerce Platforms to Collect Income Tax from Online Sellers

2025-07-16

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Sri Mulyani Indrawati has officially issued a regulation requiring e-commerce platforms to collect...

coal benchmark price

Indonesia Set July Coal Benchmark (HBA) Price at $107.35 per metric ton, Raises Nearly 9%

2025-07-15

Jakarta, Indonesia Sentinel -- Indonesia’s government has raised its coal benchmark price (Harga Batubara Acuan or HBA) for the first...

Tariff Negotiations

Indonesia to Resume Tariff Negotiations with U.S. Following 32% Reciprocal Tariff

2025-07-11

Jakarta, Indonesia Sentinel -- Indonesia is set to resume trade negotiations with the United States over the next three weeks,...

Copper Imports Tariff

Trump Proposes 50% Tariff on Copper Imports, Sending Prices to Record Highs

2025-07-11

Jakarta, Indonesia Sentinel -- President Donald Trump announced plans Tuesday to impose a 50% tariff on all copper imports into...

2026 Macroeconomic Assumptions

Indonesia Sets 2026 Macroeconomic Assumptions for Draft State Budget

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia’s government and parliament have agreed on the 2026 Macroeconomic Assumptions, which will serve as the...

Indonesia Foreign Reserves

Indonesia Foreign Reserves Rise to $152.6 Billion in June, Central Bank Reports

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according...

Load More
Next Post
Sundanese Architecture

Sundanese Traditional Architecture: A Testament to Disaster Resilience

Popular

  • Mentawai Tribe

    Mentawai Tribe Tooth Sharpening Tradition as a Symbol of Beauty, Culture, and Sacrifice

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • Indonesia’s Life Expectancy Rises to 74.15 Years in 2024, Statistics Agency Reports 

    0 shares
    Share 0 Tweet 0
  • Indonesia Boasts an Outstanding Number of Islands, How Many?

    0 shares
    Share 0 Tweet 0
  • TikTok Shop GMV 2024 Hits $32.6 Billion, Indonesia Second Largest Contributor

    0 shares
    Share 0 Tweet 0

Recommended

Most Polluted Country

Indonesia Ranks as Southeast Asia’s Most Polluted Country

4 months ago
indonesian syria

1,162 Indonesian Citizens Unaccounted in Syria Amid Rising Conflict

7 months ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel