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Indonesia launches state-backed carbon trading exchange

September 26, 2023 Comments Off

Indonesia has launched its government-backed carbon exchange, called Indonesia Carbon Exchange, or IDX Carbon, operated by Indonesia Stock Exchange, President Joko Widodo announced Sept. 26 at a launch ceremony in Jakarta. The exchange is the first of its kind for Indonesia, which has only started to take measures to put a price on carbon emissions, and will help pave the…