Indonesia is the ninth-largest emitter
Indonesia’s carbon market off to sluggish start
Incoming government faces decarbonisation challenges as lack of robust standards constrain industry uptake of new voluntary carbon market
Governments across Southeast Asia are finally starting to wake up to the potential of carbon markets to help meet net-zero targets and reverse rampant deforestation. The region is home to almost 15% of the world’s tropical forests and boasts some of the most globally important biodiversity hotspots on the planet. The archipelago nation of Indonesia is among the most densely forested countries in Southeast Asia, notwithstanding the alarming rate of clear-cutting and logging posted in recent decades, and the latest to launch an official carbon market. In September, the government announced its first carbon trading programme as part of its strategy to achieve net-zero emissions by 2060. Indones
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
