Indonesia to Push Carbon Markets, Forest Restoration and Climate Finance at COP31

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Ecobiz.asia – Indonesia will push for stronger carbon markets, implementation of Article 6 of the Paris Agreement and expanded forest restoration at the UN climate conference COP31 in Antalya, Türkiye, on Nov. 9–20, as it seeks international investment and support for climate action.

The government will also highlight Indonesia’s food self-sufficiency achievements and promote investment in climate solutions, arguing that climate action can advance alongside economic development and food security.

Presidential Special Envoy for Climate and Energy Hashim S. Djojohadikusumo said the development of Indonesia’s Carbon Unit Registry System (SRUK) would be among the country’s key achievements presented at COP31. The system is expected to strengthen transparency in the domestic carbon market.

Hashim said international investor interest in Indonesia’s carbon market had increased, including following the government’s announcement that it no longer saw a need to expand rice cultivation into primary forests and other forest areas.

“International investor interest in Indonesia’s carbon market is very strong and growing. Frankly, following the government’s statement last week that there is no longer a need to expand rice cultivation into primary forests and other land areas, we have received tremendous support from prospective investors,” Hashim said at a press conference following an interministerial coordination meeting in Jakarta on Monday (Oct. 12, 2026).

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Hashim said Indonesia would use its carbon market development and rice self-sufficiency achievements to demonstrate that climate action can be aligned with national development priorities.

Other priorities include access to climate finance, adaptation for island and coastal regions, a just energy transition, technology transfer and nature-based solutions.

Forest Restoration and Climate Legislation

Deputy Minister of Forestry Rohmat Marzuki said carbon trading and forest rehabilitation would be central to Indonesia’s climate efforts, adding that the government would seek greater international support for their implementation.

“Carbon trading may once have been just an idea, but with support from various parties, it has become a reality in Indonesia. We will continue to build international support for this effort,” Rohmat said.

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He also highlighted Indonesia’s commitment to rehabilitating 12.3 million hectares of land, both inside and outside forest areas, as a priority for international cooperation.

Indonesia is also preparing a Draft Law on Equitable Climate Change Control, which the government plans to present as an initiative at COP31. The proposed legislation covers mitigation, adaptation, loss and damage, and protection for climate defenders.

Environment Minister and head of the Environmental Control Agency Moh Jumhur Hidayat said the draft law would be presented alongside initiatives related to new and renewable energy.

“Several initiatives have been outlined and will be presented at COP31, including a draft law on equitable climate change and initiatives on new and renewable energy. These are among the initiatives that the international community has been waiting for in the field of climate change,” Jumhur said in a statement issued Monday.

Indonesia Seeks Investment-Ready Climate Projects

Deputy Minister of National Development Planning and Deputy Head of Bappenas Febrian Alphyanto Ruddyard emphasized the need to ensure that Indonesia’s proposed climate projects are ready for investment.

Read also:  Indonesia Calls for Fair Climate Action, Finance at UN Climate Dialogue

Indonesia’s pavilion at COP31 is expected to serve as a platform for connecting international partners with projects and creating financing opportunities for climate action.

Hashim, who will lead Indonesia’s delegation, said the country intended to arrive in Antalya with a clear national agenda and concrete plans for implementation.

“Indonesia sees COP31 not merely as a forum for announcing commitments, but as an opportunity to demonstrate that climate solutions can be delivered and scaled up. We will come to Antalya with a solid national position, a clear agenda and readiness to strengthen international cooperation,” Hashim said.

Indonesia will participate under the theme “Indonesia: Delivering Climate Solutions at Scale,” seeking to strengthen climate action, expand international partnerships and attract financing and technology for solutions that can be implemented at scale. ***

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