Indonesia's Financial Services Authority (OJK) has launched a book titled “Getting to Know and Understand Carbon Trading for the Financial Services Sector”, aimed at strengthening the financial sector’s role in supporting the transition to a green economy and low-carbon development. OJK linked the publication to its mandate under Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector, which assigns OJK responsibility to regulate, supervise and develop carbon trading through the secondary market. The book sets out core principles, regulatory foundations and trading mechanics for carbon trading, and discusses market potential, challenges and the financial services sector’s role in building a credible and high-integrity carbon market ecosystem. It also identifies risks including fraud, misstatement and greenwashing, and points to the need for strong governance and effective oversight to safeguard market integrity. Alongside the launch, OJK cited Indonesian carbon market data as of 14 July 2025, including traded volume of 1,599,336 tonnes of carbon dioxide equivalent (tCO2e) valued at IDR 78 billion, unit prices of IDR 58,800 (USD 3.6) for IDTBS and IDR 61,000 (USD 3.7) for IDTBS-RE, eight registered energy-sector projects, 980,475 tCO2e of retirements submitted, and growth in service users from 16 to 113. OJK also referenced prior steps under its mandate, including POJK No. 14 of 2023 and Circular Letter No. 12 of 2023, the launch of the Indonesia Carbon Exchange on 26 September 2023, and opening access to international carbon trading from 20 January 2025.

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