Carbon Exchange

TWO days before the Financial Services Authority (OJK) issued its carbon exchange regulation, the Indonesia Climate Exchange (ICX) had already opened its first Renewable Energy Certificate (REC) trade. REC is an instrument for carbon emission trading based on geothermal and micro hydro power plant calculations.

REC is a certificate that proves the production of electricity per megawatt hour (MWh) comes from a renewable energy power plant. T

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