Indonesia is expanding investment opportunities in its forestry sector to boost carbon trading. The Ministry of Forestry has introduced new regulations to simplify business processes and align carbon credits with international integrity standards, including the Core Carbon Principles.
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The mention of nesting schemes is the real detail here. It shows they are trying to solve the double counting problem at a jurisdictional level. Whether the regulation actually simplifies the process or just adds another layer of bureaucracy remains to be seen.
True, but 13.4 billion tons of potential CO2 by 2050 is a massive number. The gap between that potential and the actual tradable credits usually comes down to how they handle land tenure and verification.
They are talking about restoring 12 million hectares of critical land. That is a huge operational lift. I want to see the actual timeline for these projects and who is providing the boots on the ground for the rehabilitation.
The article says it aligns with ICVCM standards. If they actually stick to those, it might attract the high quality buyers they want, but the execution risk on 50 million hectares of avoidance projects is steep.
