Indonesia launches CarbonNex to boost carbon cooperation at COP31
Antalya, Turkey (ANTARA) - Indonesia has launched Carbon Connection for Climate Next (CarbonNex), a platform designed to connect domestic carbon project developers with buyers, investors and financial partners at the COP31 climate conference in Antalya, Turkiye.
Environment Minister Jumhur Hidayat launched the platform at the Indonesian Pavilion on Tuesday, November 10. It will remain operational until the conference ends on November 19, 2026.
"We want this meeting to go beyond exploring interest. Participants should understand available opportunities, identify key needs and agree on the actions required moving forward," Hidayat said.
CarbonNex builds on carbon cooperation initiatives introduced at Indonesia's pavilion during COP30 in Belem, Brazil, in 2025.
"This year, we are taking these efforts further by bringing together project developers, buyers and partners to move beyond information-sharing and agree on concrete actions to implement after the conference," he said.
Hidayat stressed that carbon cooperation must support Indonesia's climate commitments and development priorities through transparent and credible processes.
"The integrity of the carbon market depends on the quality of the underlying mitigation efforts. We must be transparent about what is generated, how it is verified and how it is recorded," he said.
The National Carbon Trading Roadmap was developed to safeguard Indonesia's Nationally Determined Contribution (NDC) and identify eligible carbon projects and units for sectoral authorization and recommendations, he said.
"These measures are part of our efforts to ensure that cooperation proceeds smoothly," he added.
Through the Indonesian Climate and Carbon Partnership (ICCP), the government is also working to match identified climate financing needs with relevant domestic and international support.
"We need a practical approach: identify the needs, establish each partner's contribution and agree on the next steps," Hidayat said.
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Translator: Sanya Dinda S, Resinta Sulistiyandari
Editor: Rahmad Nasution
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