JAKARTA -- The Indonesia Stock Exchange on Monday invited foreign participants to join its carbon trading, saying the certification mechanism has been improved following tepid activities on the IDXCarbon bourse last year.
The IDX listed five low-carbon energy projects under state utility Perusahaan Listrik Negara in its offering of carbon credits to foreign buyers, including gas-powered and hydropower plants on the island of Java. These had previously been available to domestic investors, but IDX and government officials said the certification mechanism has been improved to satisfy foreign buyers.
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