Enviro News Asia, London – The Indonesian government has reaffirmed its commitment to developing a credible, transparent, and high-integrity carbon market as a key instrument for mobilizing global climate finance, with Minister of Forestry Raja Juli Antoni delivering closing remarks at the high-level session “From Fragile to Financeable – De-risking Carbon Credit Markets” during London Climate Action Week 2026.
The session, co-organized with The Coalition to Grow Carbon Markets, brought together government leaders, financial institutions, business actors, international organizations, and carbon market developers to discuss strategic steps for transforming fragmented, high-risk carbon markets into mature, trusted, and investment-ready ones.
Minister Raja Juli Antoni said the primary challenge in climate finance today is not a lack of ambition or capital, but the absence of enabling conditions for investment to flow safely and at scale into climate solutions.
“Carbon markets have enormous potential to channel investment for emission reductions, forest protection, ecosystem restoration, and sustainable development. But to realize that potential, carbon markets must be built on a foundation of integrity, transparency, regulatory certainty, and trust,” he said.
He noted that Indonesia holds a strategic interest in strengthening global carbon markets given that it is home to one of the world’s largest tropical forest areas. The government has been strengthening national carbon governance through Presidential Regulation No. 110 of 2025 as the foundation for a more integrated and credible national carbon market, further reinforced in the forestry sector by Ministerial Regulations No. 6 and No. 7 of 2026 governing carbon governance, transparency, environmental integrity, and investment certainty.
Indonesia will also launch its Carbon Unit Registry System (SRUK) on July 9, 2026, serving as the primary foundation of the country’s carbon market governance through improved transparency, accountability, traceability, and certainty for business actors and investors, accompanied by the registration of forestry carbon projects under internationally recognized standards.
On July 6, 2026, the Ministry of Forestry will issue ministerial approvals and facilitate the issuance of forestry carbon credits exceeding 30 million tonnes of CO₂ equivalent, one of the largest milestones in the history of Indonesia’s forestry carbon market development.
“This is proof that Indonesia is not only building a policy framework, but also presenting concrete, investor-credible market opportunities,” the Minister said.
Ahead of COP31, Indonesia is advancing three key agendas: strengthening market integrity and transparency to build greater trust in carbon credits; developing market infrastructure, liquidity mechanisms, and risk-sharing instruments to attract large-scale private and institutional investment; and ensuring carbon finance delivers real benefits for local communities, indigenous peoples, and forest guardians who directly contribute to ecosystem protection. (*)
