Indonesia Reveals Plan to Build Global-Standard Carbon Market at COP30

  • PT PLN is committed to developing a transparent, internationally aligned carbon market in Indonesia, aiming to drive low-carbon growth.
  • It plans 52.9 GW of renewables by 2034, generating 250 million tons of green energy to accelerate Indonesia’s energy transition.

PT PLN (Persero), Indonesia’s state-owned utility, has outlined plans to help build a nationally regulated and globally aligned carbon market, reinforcing the country’s decarbonisation efforts during a COP30 panel on scaling carbon markets.

Government officials and PLN executives stated that Indonesia must develop a transparent and measurable carbon market that connects to international systems to unlock economic value and enhance regional climate cooperation.

Eddy Soeparno, Deputy Speaker of the People’s Consultative Assembly (MPR), stated that Indonesia’s low-carbon growth depends on consistent regulation and coordinated action across various sectors. He said COP30 offers Indonesia a chance to position itself as a regional leader in carbon governance.

Meanwhile, Ignatius Wahyu Marjaka, Director of Governance for Carbon Economic Values at the Ministry of Environment, said Indonesia has begun aligning its policies with global carbon-trading mechanisms. He cited bilateral cooperation with Norway and work with international certification bodies. Wahyu said integrity, accountability and strong verification systems remain national priorities.

PLN’s Director of Technology, Engineering and Sustainability, Evy Haryadi, said Indonesia has strong potential to build a credible carbon ecosystem and that PLN is ready to lead. Under its 2025–2034 supply plan (RUPTL), PLN expects to add 52.9 gigawatts of renewable energy capacity, including baseload renewables, variable generation and energy storage.

Evy said the expansion could generate 250 million tonnes of green energy and deliver economic value while supporting the energy transition. “This is a real opportunity to build a green economy,” she said.

PLN stated that all carbon credits issued in Indonesia will adhere to global standards and high-integrity principles. The company continues to work with international partners, including Norway, on scheme design, capacity building and aligning national rules with global best practice to ensure global acceptance of Indonesia’s credits.

PLN stated that these efforts support Indonesia’s broader climate strategy and its goal to provide reliable, affordable, and sustainable energy.

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