Register
Demo
Contacts
 

Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Indonesia has launched an exchange for trading CO2 emissions quotas

September, 26 2023
watermark Economic news

On Tuesday, Indonesia opened its first exchange for trading carbon dioxide emissions quotas, moving a step forward towards carbon neutrality.


The new trading platform, Indonesia Carbon Exchange, is managed by the Indonesian Stock Exchange (IDX). During the first day of work on the exchange, 13 transactions with quotas totaling more than 450 thousand tons of CO2 equivalent were concluded.


Indonesia's financial regulator, OJX, emphasizes that the creation of this exchange confirms the desire to solve the problem of climate change and reduce emissions. The President of the country, Joko Widodo, expressed confidence that Indonesia has a huge potential for the development of the emissions trading market and can become a key player in this area.


Indonesia ratified the Paris Agreement in 2016 and plans to reduce greenhouse gas emissions by 40% by 2030. By 2060, the country intends to achieve full carbon neutrality.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.