On Tuesday, 26 September 2023, Indonesian Carbon Exchange (IDXCarbon) was officially launched by President of Republic of Indonesia Joko Widodo. The Carbon Exchange Operator business license has been granted to the IDX by the Financial Services Authority (OJK) through Decree number KEP-77/D.04/2023 on September 18 2023.
In accordance with OJK Regulation (POJK) Number 14 of 2023 concerning Carbon Trading through the Carbon Exchange, IDXCarbon as the Carbon Exchange Organizer provides a transparent, orderly, fair and efficient trading system. Apart from providing transparency in prices, IDXCarbon trading also provides an easy and simple transaction mechanism. Currently, there are 4 (four) IDXCarbon trading mechanisms, namely Auction, Regular Trading, Negotiated Trading, and Marketplace.