Indonesia is weighing a climate council as part of its draft climate change bill. The idea, laid out by E3G, is to create an independent body that reviews emissions policies, advises on carbon market rules, and helps channel climate finance. Similar councils in Australia, South Korea, and the UK have shaped national targets and carbon pricing decisions. For carbon market participants, the main takeaway is governance. Indonesia wants to scale up carbon trading and use Article 6 of the Paris Agreement, but international buyers need transparent accounting and credible projects. A council with real authority could set those rules and build investor confidence. The catch is design. A council only works if it has funding, independence, and a clear mandate. If it ends up as another advisory layer without enforcement power, it will add process without changing outcomes. The draft bill will show which direction Indonesia chooses.
