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.

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