PLN Advances Indonesia’s Global-Standard Carbon Market at COP30 in Belém

PT PLN (Persero) has reaffirmed its commitment to driving Indonesia’s decarbonization by supporting the development of a national carbon market aligned with global standards. The company outlined its strategy during the panel series “Scaling-Up Carbon Markets: Opportunities for Global Collaboration” at COP30 in Belém, Brazil, highlighting steps to improve market integrity, transparency, and international connectivity.

During the discussion, Deputy Speaker of the People’s Consultative Assembly (MPR), Eddy Soeparno, stressed that Indonesia’s ability to advance low-carbon economic growth depends on regulatory consistency and collaboration across national and international stakeholders. He noted that COP30 serves as a critical moment for Indonesia to demonstrate leadership in establishing a credible regional carbon ecosystem.

“Indonesia must send a clear signal that we are prepared to build a carbon ecosystem that is transparent, measurable, and capable of generating real economic value. Synchronizing policies across sectors is essential for our carbon market to become a hub for regional collaboration,” Eddy said.

From the government side, Ignatius Wahyu Marjaka, Director of Governance for the Implementation of Carbon Economic Values at the Ministry of Environment (KLH), stated that Indonesia has prepared strategic measures aligned with global carbon trading mechanisms. These include partnerships with other countries, cooperation with global certification institutions, and the development of a platform to connect domestic and international carbon trading systems.

“Indonesia has begun developing international carbon market policies, including bilateral agreements with several partner countries, such as Norway,” Wahyu explained.

He added that strengthening market integrity remains a national priority, with a focus on cross-sector understanding, infrastructure readiness, and improved governance capacity. According to him, technology, transparency, and accountability will be key to strengthening Indonesia’s credibility in global carbon trading.

PLN’s Director of Technology, Engineering, and Sustainability, Evy Haryadi, highlighted Indonesia’s significant potential to establish a strong carbon ecosystem, noting that PLN is positioned to act as a catalyst in this transition. Under the 2025–2034 Electricity Supply Business Plan (RUPTL), PLN aims to add 52.9 GW of renewable energy, covering baseload, variable sources, and energy storage systems.

“PLN’s renewable energy expansion could generate up to 250 million tons of green energy. This represents not just regulatory compliance but a major opportunity to create green economic value and accelerate the national energy transition. PLN is committed to supporting a credible carbon market,” Evy said.

PLN emphasized that all carbon credits issued will meet global standards and follow high-integrity carbon principles. The company continues strengthening international partnerships, including with the Norwegian Government, focusing on carbon market design, governance, capacity building, and aligning global standards with national policy frameworks to ensure international acceptance of Indonesia’s carbon credits.

PLN stated that these efforts reflect Indonesia’s ambition to enhance its role in the global climate agenda while delivering reliable, affordable, and sustainable energy nationwide.