Enviro News Asia, London — Indonesia formally joined the Coalition to Grow Carbon Markets as its eleventh government member on 20 January 2026 in London, marking a new step in the country’s engagement in international climate finance and high-integrity carbon markets.
The announcement was delivered by Minister of Forestry Raja Juli Antoni during a high-level roundtable on advancing cooperation between Indonesia and the United Kingdom on high-integrity carbon markets. The discussion took place at the London headquarters of Standard Chartered and followed a bilateral meeting between President Prabowo Subianto and UK Prime Minister Keir Starmer, which launched the UK–Indonesia Strategic Partnership.
By joining the Coalition, Indonesia’s Ministry of Forestry contributes expertise in forest-based carbon projects and nature-based solutions. The Coalition seeks to accelerate global emissions reductions by encouraging private sector investment in high-integrity carbon credits, particularly those supporting forests, mangroves, and peatlands.
Raja Juli Antoni stated that Indonesia’s extensive tropical rainforests, mangrove ecosystems, and peatlands provide strong foundations for contributing to global climate goals. He said Indonesia would work with other Coalition members to scale demand for credible carbon credits that support green growth and environmental protection.
Indonesia now joins ten other member governments, including Canada, France, Panama, Peru, Switzerland, New Zealand, and Zambia, alongside Coalition co-chairs Kenya, Singapore, and the United Kingdom.
UK Special Representative for Climate Rachel Kyte welcomed Indonesia’s participation, noting that carbon markets can help mobilize private finance for climate mitigation, biodiversity protection, and climate resilience. She said Indonesia’s experience in nature-based solutions would strengthen the Coalition’s efforts to promote integrity and investment confidence in carbon markets.
As a partner to both governments, Standard Chartered supported the engagement through its role in sustainable finance. CEO of Standard Chartered Indonesia Donny Donosepoetro said Indonesia’s membership would help raise transparency, quality standards, and market demand for high-integrity carbon credits.
The Coalition was launched during London Climate Action Week in June 2025 and has since promoted international alignment through its Shared Principles for the High-Integrity Use of Carbon Credits, unveiled at COP30 in Brazil. The Coalition is currently developing a plan of action to support consistent national and regional policies while sustaining investor and buyer confidence. (*)
