The carbon exchange is not a magic arena whose presence immediately eliminates GHG emissions. It takes a long process and various steps to make it have a more meaningful role.
Please note that this article was automatically translated using Microsoft Azure Open AI and Google Translation AI. We cannot ensure that the entire content is translated accurately. If you spot any errors or inconsistencies, contact us atThe following article was translated using both Microsoft Azure Open AI and Google Translation AI.
The question is, will the carbon economic value trading really have a significant impact on reducing carbon emissions in Indonesia? Like many developing countries, Indonesia has set a relatively low carbon price, ranging from 2-18 US dollars per ton. The quality and integrity of carbon credits is the most problematic challenge in carbon trading. Failure to provide quality, reliable and integrity carbon credits will not only result in failure to reduce carbon emissions, but also low market demand, the growth of greenwashing practices and even social conflict.The graphical representation of Indonesia's carbon market was released at 11.00 am after its debut on the Indonesia Stock Exchange in Jakarta on Tuesday .
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