The Indonesian Business Council (IBC) has launched the Indonesian Carbon Market Academy (ICMA) to strengthen local players’ capacity, governance, and competitiveness in carbon trading as part of the country’s net-zero 2050 drive. Built on three pillars—education, public communication, and practical programs—the ICMA aims to equip industries, including fossil-based sectors, with green solutions. Experts highlighted challenges such as low project integrity and limited financing, stressing the need for collaboration to restore global trust. With Indonesia targeting US$65 billion in carbon credit exports by 2028, the academy is positioned as a strategic platform to align private sector strategies with sustainable growth.
