Indonesia signs carbon market recognition deals with GCC, plan vivo

Indonesia Forges New Alliances to Supercharge Its Carbon Market

Indonesia is taking major strides to position itself as a global leader in the carbon market. On Tuesday, September 16, 2025, the country’s Ministry of Environment (KLH) signed key Mutual Recognition Agreements (MRAs) with two prominent international carbon standards: the Global Carbon Council (GCC) and the Plan Vivo Foundation. These landmark deals will allow Indonesian carbon credits to be recognized and traded on a wider scale, bolstering the nation’s efforts to combat climate change while driving economic growth.

What These Deals Mean for Indonesia’s Carbon Market

These new agreements are a big deal because they directly connect Indonesia’s carbon projects to international markets. By mutually recognizing Indonesia’s Greenhouse Gas Emission Reduction Certificates (SPEI) with credits from GCC and Plan Vivo, the country is essentially opening up its carbon assets to be bought and sold globally. This move follows a similar agreement with the Gold Standard Foundation in May and the launch of international trading on IDXCarbon in January.

Environment Minister Hanif Faisol Nurofiq emphasized that these MRAs will provide “double value,” offering both economic benefits and environmental protection. The trading of these credits can provide direct financial support to local communities that are actively involved in safeguarding forests and other vital ecosystems. According to Hanif, Indonesia is not just part of the solution; it’s a leader in the global shift towards a sustainable, low-carbon future.

Who Are the Partners?

• Global Carbon Council (GCC): Based in Qatar, the GCC is known for its expertise in certifying technology-based emission reduction projects.
• Plan Vivo Foundation: This organization focuses on community driven, nature-based initiatives, particularly in forestry, agriculture, and land use.

These partnerships allow Indonesia to showcase a diverse range of carbon projects, from technological innovations to grassroots conservation efforts, on both voluntary and compliance markets under the Paris Agreement. To ensure transparency and maintain data sovereignty, all transactions will be meticulously recorded in Indonesia’s national registry.

Indonesia’s Climate Commitments

This strategic move is part of Indonesia’s broader commitment to fighting climate change. The country has ambitious goals: to reduce greenhouse gas emissions by 31.89% on its own and 43.20% with international support by 2030. The long-term vision is to achieve net-zero emissions by 2060. With these new agreements, Indonesia is building a foundation of integrity and global recognition for its climate management efforts.

source:
https://ecobiz.asia/indonesia-signs-carbon-market-recognition-deals-with-gcc-plan-vivo/