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 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.

Mt.Stonegate and National University of Kaohsiung hosted a seminar on July 24, 2025, to help companies tackle carbon reduction. Experts discussed diverse net-zero strategies, from carbon pricing and energy security to renewable energy procurement. The event highlighted practical solutions like renewable energy certificates and carbon credits, aiming to provide businesses with a tailored "net-zero basket of solutions" for a smooth transition.

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

Mt. Stonegate joined Energy Summit Asia 2025—key topics: CCS, JETP finance, ESG, and Asia’s role in the energy transition.

Mt. Stonegate joined GCSW 2025 in Singapore to share insights on APAC RE markets and call for collective action toward supply chain decarbonization.

Philippines advances carbon market with new bill, rising demand, and vast land—poised to lead in Southeast Asia.

Shell led 2024's carbon market, retiring 14.9M credits. Prices fell, but demand may rise as 2030 targets near and removals gain value.