The Hasty Carbon Market

The carbon market is to open in September. The regulations and infrastructure are not yet in place.

Tempo

July 31, 2023

THE Financial Services Authority (OJK) has announced the opening of the Indonesian carbon market in September. This is a bold move given that the carbon trading infrastructure in this country is not yet ready. The carbon market is a market mechanism that brings together those selling emission absorption services and buyers who produce greenhouse gases. With this disincentive for producers of carbon emissions, the amount of greenhouse gases causin

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