The Indonesia Stock Exchange invited foreign participants to join its carbon trading, saying the certification mechanism has been improved following tepid activities on the IDXCarbon bourse last year.
The IDX listed five low-carbon energy projects under state utility Perusahaan Listrik Negara in its offering of carbon credits to foreign buyers, including gas-powered and hydropower plants on the island of Java. These had previously been available to domestic investors, but IDX and government officials said the certification mechanism has been improved to satisfy foreign buyers.
*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' .
**Photo credit: Rezha Hadyan/Nikkei Asia