At the Business Forum on Forest Carbon Trade and Forest Products held during Osaka Expo 2025, Indonesia reaffirmed its serious commitment to achieving its carbon trade target of USD 65 billion by 2028. The event, organized by the Indonesian Embassy in Tokyo in collaboration with APHI, HIMKI, and IPPA, highlighted the country’s readiness to expand certified sustainable forestry practices and carbon initiatives such as mangrove replanting. Speaking through Consul General John Tjahjanto Boestami, Ambassador Heri Akhmadi stressed that this target is not merely aspirational but grounded in strategic action, supported by platforms like IDXCarbon and a Mutual Recognition Arrangement (MRA) with Japan.
Japan’s support—especially through its new JCM Implementation Agency (JCMA)—opens doors for deeper cooperation. The forum also addressed the need for faster implementation of technical systems such as MRV (Measurement, Reporting, and Verification) and cross-recognition of credits under the Joint Crediting Mechanism (JCM). In Q1 2025, IDXCarbon saw a 22% increase in users, with seven active projects already traded. Key agreements signed at the forum included partnerships in biodiversity conservation, biomass development, technical workforce exchange, and a Letter of Intent between APHI and JIFPRO. APHI Chairman Indroyono Soesilo noted that Indonesian wood product exports to Japan reached USD 301.29 million, led by wood panels, paper, and furniture. In 2024, Indonesia’s total wood exports hit USD 12.63 billion, supported by the SVLK certification system, with major markets including China, the U.S., Japan, the EU, and South Korea.
