Certification headache for budding carbon market


In Indonesia, trading activity is currently voluntary, but in the future, companies exceeding a certain emissions cap will be obliged to purchase carbon credits to make up the difference. — The Jakarta Post

JAKARTA: The recent launch of Indonesia’s carbon exchange could drive the business of carbon credit certification as firms and organisations seek to consolidate their sustainability credentials, but experts note that the regulatory framework for this has yet to be completed.

Purchasing carbon credits allows companies to offset their emissions, while the sale of such credits can generate revenue to reward sustainable action.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read