INSUBCONTINENT EXCLUSIVE:
Indonesia is prepping for the debut of its first carbon trading platform.Hosted by the Indonesian Stock Exchange (IDX), the market has
Carbon credits tied to verified green actions will be on sale.Assigned auditors will ensure the validity of these activities.Initial plans
to tax high-emitting companies were shelved due to economic concerns
A mandatory carbon trade for coal stations was introduced earlier this year.A carbon management company, operational since 2018, specializes
Already, about 30 companies across various sectors use this platform.Beyond corporations, the CEO sees potential in individual consumers,
emissions.Over a million monthly transactions are recorded, with 10-15% growth reported monthly
The company also aims to expand across Southeast Asia.Meanwhile, Tokyo-based Spatial Pleasure is also entering the market
greenhouse gases.The nation moves closer to its 2060 net neutrality goal by introducing this market
It also offers a vital source of funding for green projects.Both businesses and individuals are showing interest, a sign of growing climate
The rapid growth of local carbon management companies reflects this change in attitude.Foreign competitors are also recognizing this
