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.

Vietnam has officially launched its Direct Power Purchase Agreement (DPPA) framework, allowing large power consumers to procure renewable electricity directly from generators — a major shift in a market long dominated by state utilities. Could this be the catalyst for multinational manufacturers to accelerate their RE100 and net‑zero goals in Southeast Asia?

Vietnam will launch its pilot carbon market in June 2025, targeting heavy emitters and aiming for a full ETS rollout by 2029.

Indonesia signs MRA with Gold Standard, boosting global credibility and dual certification for high-integrity carbon projects.