At the recent COP 30 Climate Conference in Belem, Brazil, Indonesian Environment Minister Hanif Faisol Nurofiq pushed for ASEAN nations to unite under the motto “One Vision, One Identity, One Community.” He called for a collaborative effort to create a clear, inclusive carbon market, highlighting Indonesia’s strong commitment to tackling climate change.
Indonesia’s national strategy now seamlessly involves climate action through its Long-Term Strategy for Low Carbon and Climate Resilience (LTS-LCCR) for 2050 and the Second Nationally Determined Contribution (SNDC). This updated SNDC aims for more ambitious emission targets—1.25 billion tons of CO2 equivalent in a low carbon scenario and up to 1.48 billion tons in a more aggressive scenario by 2035.
Hanif also announced Indonesia’s modernization of climate governance with the introduction of Presidential Regulation Number 110 of 2025. This regulation allows for global transactions in the Indonesian carbon market. He explained that this initiative is strengthened through collaborations with international carbon standard organizations, such as Gold Standard and Verra, bolstering support for carbon trading.
At the conference, Japan’s Vice Minister of Environment, Doi Kentaro, reaffirmed Japan’s commitment to the Joint Crediting Mechanism (JCM), which has roots back to the Kyoto Protocol. He emphasized early engagement from the private sector as vital for the successful integration of the carbon market in the region.
Ahmad Zaiemaddien, from the Brunei Climate Change Secretariat, stressed the need for ASEAN to secure its role in addressing the climate crisis. He suggested focusing on the circular economy and mobilizing funding for effective implementation. Agus Budi Santosa, a director at the Ministry of Forestry, highlighted the potential for a robust ASEAN carbon market, especially in the forestry sector, which he believes can drive decarbonization.
As we face the urgent challenge of climate change, these discussions at the COP 30 reflect a broader trend of nations recognizing the importance of collaboration. In 2020, a survey indicated that over 70% of people in Southeast Asia are concerned about climate change, urging governments to take action. The push for a unified carbon market in ASEAN echoes these sentiments, reminding us that tackling climate change effectively requires collective action.
In conclusion, while challenges lie ahead, the commitment from ASEAN nations offers hope for a more sustainable future. For further updates, check trusted sources like Tempo.
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Indonesia , COP 30, Carbon Market, ASEAN, Climate
