On 27 August 2025, during a preparatory meeting for the Indonesian delegation in Jakarta, Deputy Minister of Environment Diaz Hendropriyono stated that the government was preparing a strategy to explore the potential for carbon trading at the 30th Climate Change Conference (COP30) in Brazil. Several countries have expressed interest in purchasing carbon from Indonesia. Indonesia will be focusing on carbon sales during a special session organised for seller-buyer meetings. The Indonesian pavilion at COP30 will showcase the potential for carbon trading. The scheme covers nature-based carbon, including from the forestry and marine sectors, as well as from the energy sector. Norway is among the countries that have expressed interest in 12 million tonnes of carbon dioxide equivalent (CO2e). The mechanism offered is investment in renewable energy projects rather than direct purchases. Norway is willing to provide subsidies for solar panel projects that are not economically viable, to enable their completion.
Furthermore, South Korea has expressed interest in carbon credits from the palm oil sector, particularly Palm Oil Mill Effluent (POME). Meanwhile, Japan is targeting Renewable Energy Certificates (RECs). Furthermore, Indonesia currently has an MoU with South Korea that will expire in 2026. Indonesia is also preparing a Mutual Recognition Agreement (MRA) with Verra, one of the international carbon standards and registration bodies. Previously, a similar agreement was reached with the Gold Standard. Moving forward, the government will encourage greater carbon trading, meaning that MRAs with international standards are expected to continue.
