Indonesia has become the first country to implement the Climate Data Steering Committee's Common Carbon Credit Data Model through its national carbon registry, SRUK. The registry uses globally unique identifiers to track carbon credits from issuance to retirement, aiming to improve transparency and interoperability across international carbon markets. It supports both voluntary transactions and Article 6 of the Paris Agreement. The rollout follows a pilot at COP30 and is expected to inform the final framework by early 2027. Indonesian officials say the system is designed to ensure carbon trading benefits local communities and investors. The move could set a precedent for other countries looking to standardize carbon credit data and reduce friction in cross-border transactions.
