Indonesia's Forestry Minister Raja Juli Antoni announced that the country's carbon trading economic value could reach around Rp5 trillion (USD 277.7 million) if managed transparently and with public interest as the core focus. The initial phase includes four carbon projects: three with Forest Utilization Business Permits and one social forestry project, covering about 225,000 hectares. These projects are expected to prevent around 30 million tons of CO2 equivalent in emissions and generate roughly Rp500 billion in non-tax state revenue from just these four areas. The minister noted that Indonesia has a potential area of around 12.7 million hectares for carbon trading, suggesting a massive opportunity to develop the carbon economy. He emphasized that good forest governance, transparency, and accountability are essential to maximize this potential. The green economy is positioned as a new engine of growth to support Indonesia's 8 percent national economic growth target, while carbon trading also aims to reduce emissions, develop carbon markets, and boost village economies.
