The biggest IDX Carbon transaction

CNBCIndonesia.com wrote about carbon trading at IDX Carbon being quiet, even though it has been open for more than a week. The biggest IDX Carbon transaction so far only occurred when it was inaugurated by President Joko Widodo or Jokowi, Tuesday (26/9/2023). At that time, the carbon exchange in Indonesia collected IDR 29.2 billion in transactions with a carbon trading volume of 459,953 tons of CO2. President Director of the Indonesian Stock Exchange (BEI) Iman Rachman said that IDX Carbon in Indonesia is currently a voluntary carbon market (VCM). In this world there are two types of trading mechanisms, namely VCM and mandatory markets. Apart from the trading mechanism, another factor that makes IDX Carbon quiet is the goal of the perpetrator. Currently there are 16 users of carbon exchange services, of which 15 are buyers. The purchase of carbon units was carried out to attract the interest of investors who focus on implementing a company's ESG. Currently, many investors are not only focused on an issuer's business performance, but also the company's impact on the environment and social issues. To optimize the potential of renewable energy, it is necessary to develop Super Grid technology.

 

WartaEkonomi.co.id wrote about the Ministry of Energy and Mineral Resources (ESDM) is committed to carrying out national energy and electricity planning to realize the vision of Advanced Indonesia 2045 and achieve the 2060 Net Zero Emissions (NZE) target. Director of Electricity Program Development Wanhar said, in accordance with Policy National Energy (KEN), the aim of Energy and Electricity Planning is to achieve energy security. The direction of development of electricity supply in Indonesia is based on the 5 principles, namely Adequacy, Reliability, Sustainability, Affordability and Fairness. To ensure the availability of electricity in accordance with the 5 principles, which is in line with the energy transition, it is necessary to revise the National Electricity General Plan (RUKN) for 2019-2038 to become the National Electricity General Plan (RUKN) for 2023-2060, which regulates the direction of development of electricity supply in Indonesia.