Ecobiz.asia – Indonesia will use its national pavilion at the COP30 UN climate conference in Belém, Brazil, this November to market carbon credits to international buyers, officials said on Wednesday (August 27, 2025).
Deputy Environment Minister Diaz Hendropriyono said one of the pavilion’s main agendas will be a Sellers Meet Buyers session, aimed at connecting Indonesian carbon project developers with foreign buyers.
“Norway has already expressed interest in purchasing up to 12 million tonnes of CO₂,” Diaz told reporters after a preparatory meeting for Indonesia’s COP30 delegation in Jakarta.
He said the cooperation with Norway would support clean energy projects such as floating solar plants, with carbon finance helping close the viability gap for projects that are not yet commercially feasible.
South Korea has also shown interest in palm oil mill effluent (POME) credits, while Japan is exploring renewable energy certificates (REC) with state utility PLN, Diaz added.
Indonesia is also seeking to strengthen international recognition of its credits, targeting a Mutual Recognition Agreement (MRA) with global standard-setter Verra later this year.
In addition to new credits, the government plans to market older “vintage” carbon credits from 2016–2020, totaling 533 million tonnes of CO₂. “We will see whether there is a market for these vintage credits at competitive prices,” Diaz said.
The Indonesia Pavilion at COP30, themed “Accelerating Substantial Actions of Net Zero Achievement through Indonesia High Integrity Carbon”, will host dialogues, digital exhibitions, bilateral meetings, MoU signings and cultural performances, according to pavilion coordinator Laksmi Widyajayanti. ***
