TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia plans launch of forestry-based carbon offset trade soon

The government stopped cross-border carbon trade in late 2021, wanting to prioritise meeting its own carbon reduction targets as it sets up broad rules on carbon trading. 

Reuters
Premium
Jakarta
Fri, March 14, 2025 Published on Mar. 14, 2025 Published on 2025-03-14T14:36:38+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Indonesia plans launch of forestry-based carbon offset trade soon Forestry Minister Raja Juli Antoni delivers a press statement after meeting President Prabowo Subianto at the State Palace on Feb. 3, 2025. (Courtesy of/State Secretariat)

I

ndonesia plans to launch sales of carbon offsets from its forestry sector soon, while authorities work on recognising existing international standards, state news agency Antara reported.

The government stopped cross-border carbon trade in late 2021, wanting to prioritise meeting its own carbon reduction targets as it sets up broad rules on carbon trading. 

The government launched a domestic carbon exchange in 2023 and in January, the exchange began allowing sales of carbon credit certificates to foreign buyers, but certificates offered were all from carbon reductions from energy projects.

Trade of carbon offsets from the forestry sector by private companies and community-managed forests will soon be launched, said Forestry Minister Raja Juli Antoni, according to a Thursday Antara report.

There is potential for up to Rp 3.2 trillion (nearly $200 million) of carbon transactions a year from this sector in 2025, the ministry said, predicting transactions between Rp 97.9 trillion to Rp 258.7 trillion by 2034.

The government has also set a target to complete mutual recognition agreements with international standards such as Verra, Gold Standard and Plan Vivo by May, the ministry said.

Morning Brief

Every Monday, Wednesday and Friday morning.

Delivered straight to your inbox three times weekly, this curated briefing provides a concise overview of the day's most important issues, covering a wide range of topics from politics to culture and society.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

Some companies had offered carbon offsets from Indonesian nature-based projects prior to the 2021 rules, but they were asked to stop and told to adopt a standard set by Jakarta, according to industry association, which has been lobbying for recognition of international standards.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

Indonesia plans launch of forestry-based carbon offset trade soon

Rp 35,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 35,000

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.