Ecobiz.asia – Japan-based nature-based carbon credit developer Green Carbon Inc. has entered into a research collaboration with Indonesia’s National Research and Innovation Agency (BRIN) to assess emission reduction potential in the country’s land use and agricultural sectors.
The cooperation opens up the potential development of up to 21.4 million tonnes of carbon dioxide (CO₂) credits, with an estimated economic value of about 42.8 billion Japanese yen, sourced from around 10 million hectares of rice fields across Indonesia.
Under the partnership, the two parties will conduct scientific studies on emission reduction potential while refining methodologies for measurement, reporting and impact evaluation to support the development of credible, science-based carbon credit projects.
“Indonesia has significant potential for nature-based solutions, particularly from the agriculture and land-use sectors. Through this partnership, we aim to develop measurable and sustainable emission reduction models,” Green Carbon’s management said in a statement quoted on Friday (Feb. 20, 2026).
Based on preliminary calculations, each hectare of rice fields is estimated to generate around five tonnes of CO₂ equivalent per year. Assuming a carbon credit price of approximately 2,000 yen per tonne of CO₂, the total potential places the project’s market value at around 42.8 billion yen.
BRIN will provide academic and scientific support related to greenhouse gas emissions and environmental impacts, while Green Carbon will be responsible for the technical and operational aspects of carbon credit project development on the ground.
The collaboration also covers the development and evaluation of sustainable farming practices, including climate-smart agriculture approaches, aimed at reducing emissions while maintaining food productivity.
Green Carbon has been actively developing nature-based carbon credit projects across Southeast Asia, ranging from forest conservation and rice field management to mangrove restoration, biochar initiatives and methane emission reduction from livestock. The company uses satellite data for site selection and project monitoring to enhance transparency and operational efficiency.
The partnership with BRIN is expected to strengthen the scientific foundation for agricultural carbon credit development in Indonesia and create opportunities to integrate research outcomes into future national carbon policies and business schemes. ***
