Indonesia launches CarbonNex to connect carbon projects with investors
The platform will operate at COP31 until November 19, 2026, with the government seeking agreements on action beyond the conference.
Indonesia introduced a platform at COP31 in Antalya, Turkiye, on November 10 to link Indonesian carbon project developers with potential buyers and financing partners. Environment Minister Jumhur Hidayat launched Carbon Connection for Climate Next, or CarbonNex, at the Indonesian Pavilion.
Hidayat said the initiative aims to help participants identify opportunities and needs, then agree on steps to pursue after the conference. It extends cooperation efforts presented at Indonesia’s pavilion at COP30 in Belem, Brazil, in 2025.
The minister said carbon partnerships must serve the country’s climate commitments and development priorities. He stressed that market integrity rests on the quality of emissions mitigation, with transparency over what projects generate and how their results are verified and recorded.
According to Hidayat, the National Carbon Trading Roadmap was developed to protect Indonesia’s Nationally Determined Contribution and identify which carbon projects and units qualify for sectoral authorisation and recommendations.
The government is also using the Indonesian Climate and Carbon Partnership to connect identified climate financing requirements with support from domestic and international partners. Hidayat said this work should establish what each partner will contribute and the steps to follow.
