Yes! Indonesia finally takes a significant step towards environmental sustainability as President Jo...

Yes! Indonesia finally takes a significant step towards environmental sustainability as President Joko Widodo launches the nation's inaugural carbon emissions credit trading. The move aims to establish a market for funding greenhouse gas reduction efforts and position Indonesia as a key player in the global carbon trade. Indonesia, a vast archipelago boasting the world's third-largest rainforest, is also among the top global greenhouse gas emitters. This initiative aligns with Indonesia's commitment to reach carbon neutrality by 2060. While initially voluntary, the government is actively formulating comprehensive national pollution regulations, including a carbon tax. Additionally, emissions caps will be applied to forestry, industrial processes, agriculture, and waste management sectors. Indonesia also plans to adopt international standards and accelerate efforts to gain mutual recognition from foreign markets, ensuring its carbon credits are accessible to international buyers. These transactions will be securely recorded using blockchain technology. 🌿🌏💼

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Photo: idx.co.id

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