India is developing its national carbon market through the Carbon Credit Trading Scheme (CCTS), a cap-and-trade system covering both compliance sectors and voluntary offsets. The scheme aims to support emissions reductions while building a domestic carbon pricing framework. In parallel, India’s Joint Credit Mechanism (JCM) with Japan promotes low-carbon technology deployment and cooperation under Article 6 of the Paris Agreement

Indonesia’s carbon market is entering a critical phase. As government efforts to establish carbon pricing and carbon market mechanisms accelerate and interest from corporates and project developers grows, the market is moving from early development toward greater structure and accountability. While the compliance carbon market remains under development and piloting, the voluntary market is increasingly shaped by global integrity frameworks

The first week of COP30 in Belém confirms a pivotal shift: the focus is now on delivering 2030 climate goals, not just pledging.Milestones: The Loss and Damage Fund is operational; delegates pushed for urgency on Article 6 integrity and transparency.Mitigation Gap: Current NDCs only deliver 12% of the emissions cuts needed by 2030.

Indonesia’s Carbon Market Opens for Business. With the enactment of Presidential Regulation No. 110 of 2025, Indonesia is ushering in a new era for carbon trading, allowing early participation, recognizing international standards like Verra and Gold Standard, and formally integrating the Voluntary Carbon Market (VCM). Our latest article breaks down what this means for project developers, investors, and international buyers entering one of Southeast Asia’s most promising carbo

Another milestone for Indonesia’s carbon market: the Ministry of Environment and Forestry has signed a Mutual Recognition Agreement with Verra. This partnership establishes mutual recognition between Verra-issued VCUs and Indonesia’s Emission Reduction Certificates under the SRN-PPI registry. By linking domestic oversight with Verra’s global credibility, Indonesia continues to build a high-integrity, globally connected carbon ecosystem.

A landmark move in climate finance: Indonesia's Ministry of Environment and Forestry (KLH) officially signed Mutual Recognition Agreements (MRAs) with Global Carbon Council (GCC) and Plan Vivo. This follows the crucial agreement with Gold Standard earlier this year. This framework integrates these global standards with Indonesia’s national certificate (SPEI), streamlining climate finance and ensuring transparency via the national SRN PPI registry.

The 2024 RE100 Report confirms Asia's leadership: $75\%$ of new members are Asian, driving $94\%$ of new demand.Key Trends:Rapid Surge: China ($50\%$ to $59\%$) and Vietnam ($30\%$ to $58\%$) saw major increases in renewable sourcing.Procurement Shifts: Retail contracts and self-generation are accelerating, especially in manufacturing, proving pivotal for global supply chain decarbonization. Despite challenges like high costs (Taiwan, Korea), corporate ambition is overcoming

The World Bank’s State and Trends of Carbon Pricing 2025 Report highlights significant market expansion and a sharp shift in buyer behavior.Quality Drives Price: The VCM is polarizing. High-quality Nature-Based Removal credits trade at a premium ($\sim$ $15.5$ USD/tCO₂e), while standard RE credits average only $1$ USD/tCO₂e. The market is maturing: Integrity, credibility, and measurable impact are now prioritizing volume.

Indonesia is set to close a major climate policy gap by bringing captive coal and gas-fired power plants into its Emissions Trading System in 2025. While this marks progress toward regulating industrial emissions, key questions remain about market design, sector integration, and whether the ETS can truly drive decarbonization.

The beginning of the Emissions Trading System (ETS) pilot program is a significant step in Vietnam's climate policy as the nation accelerates its efforts to create a low-emission economy.