Indonesia prepares carbon-trading rule ahead of COP26

President Joko "Jokowi" Widodo (centre), accompanied by Foreign Minister Retno LP Marsudi (left), attentively observe presentations made by world leaders during the UN Climate Change Summit in Paris, on Nov. 30, 2015. - Tempo

JAKARTA (The Jakarta Post/Asia News Network): Indonesia is preparing its own carbon-trading regulation ahead of the 26th United Nations Climate Change Conference (COP26) in Glasgow, Scotland, next week as it prioritises, among other issues, pushing for the completion of international rules to govern carbon-emissions trading in the summit.

Parties to the Paris Agreement have been unable to agree on detailed provisions on carbon-emissions trading and other forms of international cooperation under Article 6 of the agreement, which is one of the articles left unresolved in the 2018 Paris rulebook – a guiding document to implement the agreement.