On 19 May 2026 at Ecosperity, ICGD co-hosted the Carbon Breakfast Roundtable Indonesia’s Carbon Market – Powering the Next Phase of Climate Action, together with GenZero and Enterprise Singapore.

Speakers included Prof. Mari Elka Pangestu, President’s Special Envoy for Multilateral and International Trade; Eddy Soeparno, Deputy Speaker of the People’s Consultative Assembly (MPR); Lee Chuan Teck, Chairman of Enterprise Singapore; and Frederick Teo, CEO of GenZero. They shared insights on the opportunities and challenges in accelerating Indonesia’s carbon market development.

A key highlight was the Government of Indonesia’s update on implementing Presidential Regulation No. 110 of 2025 on the Economic Value of Carbon (NEK), alongside the first sectoral implementing regulation for forestry-based carbon crediting, Ministry of Forestry Regulation No. 6 of 2026. Participants also welcomed progress on the National Registry System (SRUK) and the anticipated launch of key market mechanisms in July 2026.ing carbon market development in Indonesia.

A key discussion focused on the implementation of Presidential Regulation No. 110 of 2025 on the Economic Value of Carbon and Ministry of Forestry Regulation No. 6 of 2026, which strengthens the framework for forestry-based carbon credits.

Participants also discussed progress on Indonesia’s National Registry System (SRUK) and upcoming carbon market mechanisms, highlighting the country’s efforts to build a credible and transparent market.

The discussion highlighted the importance of strong policies, public-private collaboration, and regional partnerships in attracting investment and supporting climate action.

As Indonesia continues to develop its carbon market, collaboration among government, businesses, and regional partners will be essential to building trust and driving sustainable growth.

At São Paulo’s Sustainable Business COP30, the High-Level Breakfast Roundtable on Indonesia’s High-Integrity Carbon Market brought together global leaders, investors, and policymakers to hear the latest updates from Indonesian government leaders and the signing of an MoU between the Ministry of Forestry and the Integrity Council for the Voluntary Carbon Market (ICVCM). Hosted by ICGD, IETA, BPMI, and Standard Chartered, the session marked Indonesia’s first international engagement following Presidential Regulation No. 110 of 2025 on the Economic Value of Carbon, reinforcing the country’s ambition to become a global hub for high-integrity carbon markets.

During the session “Scaling Landscape Restoration Through Carbon Finance and Partnerships”, ICGD launched its technical working paper Principles for Designing a Coordinated Carbon Market Development Strategy in Indonesia. The report was presented by our Senior Advisor Edo Mahendra outlining key principles for implementing high-integrity carbon markets across voluntary and compliance schemes both for Indonesia’s domestic and international carbon markets.