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.

Article 6 of the Paris Agreement is set to unlock $250B in private investment for climate action via carbon markets. Despite challenges, strong demand for ITMOs and high-integrity mechanisms are creating massive opportunities for Asia