Indonesia's Financial Services Authority (OJK) launched a guidebook titled "Understanding Carbon Trading for the Financial Services Sector", aimed at strengthening the role of financial institutions in the national transition to a low-carbon economy. Chairman Mahendra Siregar emphasized the urgency of climate crisis solutions and the role of carbon trading. The book explains regulations, mechanisms, and risks—including fraud and greenwashing—and outlines the technical and administrative processes needed to build a trustworthy carbon market.
The guidebook supports OJK’s mandate under the Financial Sector Development Law (UU PPSK) and complements its initiatives, including launching the Indonesia Carbon Exchange (IDXCarbon) and enabling international carbon trade. As of July 14, 2025, Indonesia had traded 1.59 million tons of CO₂e worth IDR 78 billion, with 113 registered service users and eight carbon-reduction projects. The IDXCarbon platform recently received international recognition for best carbon exchange in an emerging market, reinforcing Indonesia’s role in global green finance efforts.
