At a glance
- On June 12, 2025, IBC held the first session of ICMA 2, themed “Build Your Own Carbon Market,” co-hosted by Paragon Corp at the Paragon Community Hub.
- The session brought together nine representatives from IBC’s member companies to strengthen capabilities in developing high-quality, high-integrity carbon projects.
- Participants gained practical insights through project validation exercises and real-world case studies from Forestry and Renewable Energy initiatives.
On June 12, 2025, the Indonesian Business Council (IBC) held the first session of its Indonesia Carbon Market Academy 2 series with the theme of “Build Your Own Carbon Market,” co-hosted by Paragon Corp at the Paragon Community Hub. The program brought together nine representatives from IBC’s member companies, all of whom are actively involved in both technology-based and nature-based carbon projects. The program, designed by carbon project development experts Paul Butar Butar and Arrie Setiawan, was designed to assist members in developing high-quality, high-integrity, and globally competitive carbon projects.
This session covered:
- Project validation preparations, using participants’ Project Idea Notes (PINs) as case studies.
- Real-life case studies from Forestry and Other Land Use (FOLU) and Renewable Energy projects to illustrate how baseline scenarios are established, emission reduction potential is measured, and how robust carbon project designs are developed.
The successful first session of ICMA 2 highlighted the value of collaboration between IBC, its members, and expert practitioners in driving Indonesia’s carbon market development forwards.