Indonesia's Ministry of Forestry is launching the Indonesia Forestry Carbon Hub (IFCH) on July 6 to serve as a central collaboration platform for the country's forestry carbon market. The hub will bring together government agencies, businesses, local communities, researchers, and international partners to build a credible and transparent carbon trading ecosystem. The government views carbon trading as a financing tool to support climate goals and sustainable forest management, not as an end in itself. On the same day, the Ministry will formally authorize four forestry carbon projects for international trading. Three are run by forest concession holders and one by a community forestry group. Together they are expected to generate around 31 million tonnes of CO2e in emission reductions with an estimated transaction value of Rp5 trillion. The government expects roughly Rp500 billion in non-tax state revenue from these deals. A few days later, on July 9, Indonesia will launch the Carbon Unit Registry System (SRUK), a central registry meant to improve transparency and traceability in the national carbon market.
