Indonesia Launches CarbonNex Platform at COP31 to Turn Carbon Cooperation into Concrete Action
Antalya, The Gulf Observer: Indonesia has launched CarbonNex, short for Carbon Connection for Climate Next, a new platform designed to connect domestic carbon project developers with buyers, investors and financial partners at the COP31 climate conference in Antalya, Türkiye. The Indonesia CarbonNex initiative aims to move carbon cooperation beyond dialogue and towards practical, agreed outcomes.
Launch at the Indonesian Pavilion
Indonesia’s Environment Minister Jumhur Hidayat launched the platform at the Indonesian Pavilion on Tuesday, 10 November. CarbonNex will remain operational until the conference concludes on 19 November 2026, offering a dedicated space for engagement between project developers and potential partners throughout the summit.
Setting out the purpose of the initiative, Minister Hidayat said: “We want this meeting to go beyond exploring interest. Participants should understand available opportunities, identify key needs and agree on the actions required moving forward.”
Building on the Momentum of COP30
The Indonesia CarbonNex platform builds on carbon cooperation initiatives first introduced at Indonesia’s pavilion during COP30 in Belém, Brazil, in 2025. This year, Indonesia is seeking to take those efforts a step further by creating a more structured and results-oriented framework for collaboration.
“This year, we are taking these efforts further by bringing together project developers, buyers and partners to move beyond information-sharing and agree on concrete actions to implement after the conference,” Hidayat said.
Integrity and Transparency at the Core
Minister Hidayat stressed that carbon cooperation must support Indonesia’s climate commitments and national development priorities, and that it must be carried out through transparent and credible processes.
“The integrity of the carbon market depends on the quality of the underlying mitigation efforts. We must be transparent about what is generated, how it is verified and how it is recorded,” he said.
His remarks reflect Indonesia’s broader emphasis on ensuring that carbon trading delivers genuine emissions reductions and strengthens confidence among international buyers and investors.
National Carbon Trading Roadmap Safeguards Climate Goals
According to the minister, Indonesia’s National Carbon Trading Roadmap was developed to safeguard the country’s Nationally Determined Contribution (NDC) under the Paris Agreement. The roadmap also helps identify eligible carbon projects and units for sectoral authorization and recommendations.
“These measures are part of our efforts to ensure that cooperation proceeds smoothly,” Hidayat added.
Matching Climate Finance with National Needs
Alongside CarbonNex, the Indonesian government is working through the Indonesian Climate and Carbon Partnership (ICCP) to match identified climate financing needs with relevant domestic and international support. The partnership is intended to channel resources towards priority areas and ensure that financing aligns with Indonesia’s climate objectives.
Outlining the approach, Minister Hidayat said: “We need a practical approach: identify the needs, establish each partner’s contribution and agree on the next steps.”
A Practical Step Towards Climate Action
With the launch of CarbonNex at COP31, Indonesia is positioning itself as an active and constructive player in the global carbon market. By bringing developers, buyers, investors and financial partners together under one platform, the initiative seeks to accelerate credible carbon projects, mobilize climate finance and turn international commitments into measurable action on the ground.
