Indonesia reports tepid carbon trading in first year

Without regulatory pressure, emitters have no incentive to buy credits

20241007N Indonesia carbon trading

Indonesian President Joko "Jokowi" Widodo, center, at the September 2023 launch of the carbon credit market. (Presidential Secretariat)

TOMOYOSHI OSHIKIRI, Nikkei staff writer

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.

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