Carbon Exchange Launched, Potential to Reach IDR 3,000 Trillion
The official carbon exchange is held by the Indonesian Stock Exchange and supervised by the Financial Services Authority. This exchange is expected to be a concrete step for Indonesia to reduce carbon emissions.
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The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found in Bursa Karbon Diluncurkan, Potensinya Capai Rp 3.000 Triliun
JAKARTA, KOMPAS — The potential value of carbon trading is estimated at IDR 3,000 trillion. This potential is from calculating reducing greenhouse gas emissions or carbon which is 60 percent produced by nature-based businesses and industries. The nominal amount can be invested in projects to reduce carbon emissions that cause the earth's temperature to rise.