JAKARTA -- Trading of carbon credits remained generally quiet on the Indonesia Carbon Exchange in its first year, with much of the private sector lacking a regulatory incentive to purchase them.
Trading on the new bourse, part of the Indonesia Stock Exchange, totaled 37 billion rupiah ($2.35 million) in the year since it opened on Sept. 26, 2023, the stock exchange said. The value represents only a mild increase from the roughly 29 billion rupiah recorded on the launch day.
