Jakarta – As the Indonesia’s official carbon exchange licensed by the Indonesia Financial Services Authority (OJK), Indonesia Carbon Exchange (IDXCarbon) received the Carbon Positive Award 2025 for the Best Official Carbon Exchange in an Emerging Economy in on 5 June 2025. IDXCarbon was the sole representative from Indonesia to receive the recognition in Carbon Positive Awards 2025. This prestigious recognition highlights IDXCarbon’s strong commitment and meaningful contribution to supporting the Indonesian government’s decarbonization agenda.
Carbon Positive Awards 2025 is brought by Green Cross United Kingdom to 100 out of 1,428 nominated organizations consisted of several categories based on each organization’s contributions to the Compliance Carbon Market and Voluntary Carbon Market ecosystems. Green Cross United Kingdom is part of Green Cross International, a Non-Governmental Organization (NGO) founded in 1993 that focuses on security, poverty alleviation, and environmental sustainability for a better future.
IDXCarbon’s strengths is highlighted by its critical role as one of the key platforms laying the foundation for Indonesia’s emerging carbon market. Besides, IDXCarbon operates under the supervision of the OJK, providing a robust and well-regulated platform, as well as integrates with the Indonesia National Registry System (SRN-PPI), under the Ministry of Environment (KLH), which facilitates carbon unit transfers, enhances traceability, and minimizes the risk of double counting. IDXCarbon also has a variety of trading mechanisms, including standardized product, and supports a transparent and efficient market to boost Indonesia’s decarbonization strategy.
“It is an honour for Indonesia Stock Exchange (IDX) through IDXCarbon to receive this award. Amid the challenges of global and national decarbonization efforts and the dynamics of carbon trading, IDXCarbon remains committed to carrying out carbon trading by providing a reliable yet flexible secondary market to meet the needs of market participants. We also prioritize a transparent, fair, orderly, and efficient market. IDXCarbon will continue providing the best carbon trading infrastructure to support the development of Indonesia’s carbon market,” said President Director of IDX Iman Rachman.
Since its launch on 26 September 2023 until 11 July 2025, Indonesia’s carbon trading platform, IDXCarbon, has recorded a total trading volume of 1,599,325 tons of CO₂e, with a transaction value reaching IDR 77.95 billion. Of this amount, 980,475 tons of CO₂e have been retired. IDXCarbon now involves 113 Service Users and lists 3,054,454 tons of CO₂e units—representing 97% of the total issued under the National Registry System for Climate Change Control (SRN-PPI). A total of eight registered projects contribute to this achievement, spanning geothermal energy, gas-fired power plants, mini-hydro power, and biogas from palm oil mill effluent (POME). These developments underline IDXCarbon’s strategic role in supporting Indonesia’s clean energy transition and national greenhouse gas emission reduction targets.
More information about IDXCarbon is available at www.idxcarbon.co.id.
