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.
Without regulatory pressure, emitters have no incentive to buy credits

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