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Indonesia launches international carbon exchange

  • Indonesia opened its carbon exchange to international buyers on Monday to raise funds for domestic climate goals.
  • The exchange allows foreign investors into a market that started in September 2023 for domestic players.
  • Environment Minister Hanif Faisol Nurofiq called the launch an 'important milestone in our collective journey towards a sustainable future.'
  • Concerns exist about the compatibility of credits with international standards, as noted by Fabby Tumiwa, Executive Director of the Institute for Essential Services Reform.
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  • 43% of the sources are Center
42% Center
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