World

Indonesia launches international carbon trading platform

Indonesia on January 20 launched its first international carbon trading platform, contributing to promoting the country’s climate and sustainable development goals.

People watch carbon trading activity on a digital screen at the Indonesian stock exchange building in Jakarta on January 20, 2025. (Photo: AFP)
People watch carbon trading activity on a digital screen at the Indonesian stock exchange building in Jakarta on January 20, 2025. (Photo: AFP)

Jakarta (VNA) – Indonesia on January 20 launched its first international carbon trading platform, contributing to promoting the country’s climate and sustainable development goals.

According to Indonesian Environment Minister Hanif Faisol Nurofiq, international carbon trading is conducted via the Indonesian Carbon Exchange (IDXCarbon).

He also noted that this initiative is part of Indonesia's commitment to the 2015 Paris Climate Agreement to limit global warming to 1.5 degrees Celsius above pre-industrial levels. Carbon trading is not only a market mechanism, but also a bridge between economic growth and environmental management.

A carbon trading system will promote innovation and sustainable development, and create a foundation for international cooperation towards a low-carbon future, Hanif added.

According to Indonesian authorities, there are 1.735 million tonnes of carbon dioxide available for trading. This is the cumulative emission reduction from a number of strategic energy projects across the country./.

VNA
#Indonesia #carbon trading #sustainable development goals Indonesia
Follow VietnamPlus

Related News

Coordinating Minister for Food Zulkifli Hasan (center) delivers a speech at the National Working Meeting of Barantin in Jakarta on January 16, 2025. (Photo: Antara)

Indonesia focuses on technology to enhance quarantine systems

Indonesian Coordinating Minister for Food Zulkifli Hasan on January 16 called on the Indonesian Quarantine Agency (Barantin) to strengthen its human resources, upgrade laboratory facilities, and harness information technology to bolster the nation’s quarantine capabilities.

See more

A port in Bangkok, Thailand. (Photo: AFP/VNA)

Thailand to have first FTA with Europe’s trade bloc

A free trade agreement between Thailand the European Free Trade Association (EFTA), including Switzerland, Norway, Iceland and Liechtenstein, will be signed in Davos on January 23, becoming the first pact of its kind between the Southeast Asian country and the trade bloc.

A foreign beggar in the Asok-Nana area (Photo: bangkokpost)

Thai MP raises alarm over beggars exploiting children

A Thai member of Parliament (MP) is calling on the government to address the growing issue of foreign beggars in the Asok-Nana area, particularly those who bring children with them to increase their earnings.

Participants at the 5th ASEAN Digital Ministers Meeting (Photo: asean.org)

ASEAN members agree to build safe digital environment

Thai Deputy Prime Minister and Minister of Digital Economy and Society Prasert Jantararuangtong said that participants at the 5th ASEAN Digital Ministers Meeting (ADGMIN) have agreed that online fraud and call centre gangs are urgent issues that require a collective effort to address.

Initiative to boost China, ASEAN city-level relations (Photo: en.gxzf.gov.cn)

Initiative to boost China, ASEAN city-level relations

Mayors of 12 cities, together with representatives and experts, from China and ASEAN countries gathered in Nanning city, south China's Guangxi Zhuang Autonomous Region, for the Global Mayors Dialogue from January 15-18.

Vietnamese Ambassador to Uruguay Ngo Minh Nguyet and Vice President-elect Carolina Cosse (Photo: VNA)

Vietnam, Uruguay strengthen cooperation

Vietnam always remembers and thank for valuable assistance from the government and people of Uruguay during its past struggle for independence and national reunification as well as the ongoing integration and development process, said Vietnamese Ambassador to Uruguay Ngo Minh Nguyet.

Chinese tourists flock to the Erawan Shrine in Pathumwan to pray for New Year's wishes. (Photo: bangkokpost)

Thailand adjusts target for Asian visitors

The Tourism Authority of Thailand (TAT) is revising its target for Asian visitors this year, focusing on potential markets to counter a decline in Chinese arrivals.

Speaker of the National Assembly Woo Won-shik (front row, centre) poses with ASEAN member nation envoys and government officials during a luncheon in Seoul. (Photo: Courtesy of Thai Ambassador Tanee Sangrat on X)

RoK reaffirms commitment to ASEAN-focused diplomacy

Speaker of the National Assembly of the Republic of Korea (RoK) Woo Won-shik has reaffirmed the country’s commitment to ASEAN-focused diplomacy and its active role in ASEAN-led mechanisms when he hosted a luncheon for diplomatic envoys from 10 ASEAN nations in Seoul on January 16.

App stores are also responsible for monitoring app content and are required to review apps and updates before they are released. (Photo: The Straits Times)

Singapore mandates age assurance for app stores

Singapore will soon require app stores to implement measures, including age verification, to enhance online safety, particularly for children, the Infocomm Media Development Authority (IMDA) announced on January 15.

Malaysia defines two priorities to ensure food security

Malaysia defines two priorities to ensure food security

The Malaysian Ministry of Agriculture and Food Security (KPKM) has set two major priorities for this year - reforming the national rice and paddy industry, and increasing productivity in the ruminant sector, particularly beef and buffalo meat production.

A screenshot of President Prabowo Subianto (left) at the Indonesia-Brazil business forum in Rio de Janeiro, Brazil, on November 17. (Photo: ANTARA)

BRICS – new key export market of Indonesia

Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).