Ecobiz.asia — Indonesia has secured strong support from multiple countries in its efforts to build a carbon market that is credible, inclusive, and high-integrity. The support was underscored at the opening of the Carbon Digital Conference (CDC) Indonesia 2025, hosted by the Indonesia Carbon Trade Association (IDCTA) in Bandung on Monday (8/12/2025).
Russian Ambassador to Indonesia Sergei Gennadievich Tolchenov and South Korea’s Charge d’Affaires ad Interim Park Soo-deok were among the diplomatic representatives who emphasized the importance of international collaboration to accelerate climate action and expand carbon project development.
Tolchenov stressed that cross-border cooperation is essential to navigate the complexities of climate change and evolving global policy landscapes. He said Russia and Indonesia share similar views on the need for a gradual, balanced transition toward a low-emission economy while taking national capabilities into account.
“Emissions must be reduced without discrimination against any energy source or technology,” Tolchenov said. He noted that Russia has strengthened its green development framework through updated regulations, the development of a green-social taxonomy, expanded green financing, and the operation of a national carbon unit registry alongside domestic climate projects.
Tolchenov also underlined the need for greater alignment of standards, methodologies, and carbon infrastructure across countries to ensure compatibility—especially amid global climate regulations that are often seen as unfair to developing nations.
“We see significant opportunities to work with Indonesia in low-carbon technology, renewable energy, bioenergy, carbon capture and storage, as well as ecosystem-based carbon sequestration projects,” he added.
Meanwhile, Park Soo-deok highlighted Indonesia’s growing leadership in forest and land governance, energy transition efforts, and the development of a carbon market architecture that is credible, inclusive, and high-integrity.
“We view Indonesia as an important partner with substantial mitigation potential,” Park said. He noted that South Korea and Indonesia are discussing a Mutual Recognition Agreement (MRA) on carbon credit trading under Article 6 of the Paris Agreement, as well as cooperation in carbon capture and utilization and the forestry sector.
Park emphasized that carbon markets serve as a strategic foundation for green economic growth and the development of future industries. “The Korean government is ready to work with Indonesia as an ambitious and forward-looking partner,” he said. ***
