Indonesia Financial Services Authority sets out sustainable finance and carbon market rule revisions at London Climate Action Week

Indonesia's Financial Services Authority used London Climate Action Week 2026 to restate its sustainable finance and carbon market agenda, highlighting planned rule revisions and supervisory priorities rather than announcing a new standalone measure. The authority said it is strengthening the financial sector's role in directing funding to credible transition projects, especially in hard-to-abate sectors, and in supporting Indonesia's carbon economic value framework through a transparent financing and market ecosystem. The main regulatory updates were two pending revisions. OJK is drafting a revised sustainable finance regulation for financial services sector entities, issuers and public companies to replace OJK Regulation 51/2017, with issuance targeted this year, aligned with Indonesia's PSPK 1 and 2 and IFRS S1 and S2 sustainability disclosure standards. It also said a revision to its 2023 carbon trading regulation will be issued soon to support implementation of Presidential Regulation 110/2025. Alongside those revisions, OJK pointed to ongoing work on the Indonesia Taxonomy for Sustainable Finance, climate risk management and scenario analysis, transition finance and transition plan guidance, and sustainable finance instruments and market infrastructure. On carbon markets, it said it will continue supervising secondary market trading on IDX Carbon and support integration with the Carbon Unit Registry System. OJK added that, since the Indonesia Carbon Exchange launched in 2023, trading has reached about 2 million tons of CO2 equivalent with a value of more than IDR93 billion.