Indonesia Opens Domestic Carbon Market to Global Investors
- IDXCarbon begins offering domestic credits from five projects
- Nature-based credits could be added to market as soon as March
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Indonesia’s domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for offsets and attract more investment for local climate action.
Nine overseas buyers took part in transactions Monday on IDXCarbon, operated by the Indonesian stock exchange, after the bourse began offering domestic credits from five energy generation projects owned by utility PT Perusahaan Listrik Negara.