Indonesia has announced intentions to sell 13.4 billion tonnes of carbon dioxide equivalent credits to global buyers, establishing one of the world’s most ambitious carbon market efforts. The move is likely to attract billions of dollars in international investment while also strengthening the country’s climate commitments.

With huge tropical forests and renewable energy projects, Indonesia hopes to use natural resources to reduce global emissions while creating green jobs. Officials estimate that the initiative might produce up to $670 billion, depending on world carbon pricing. The credits will be granted via Indonesia’s national carbon registry and certified by international certifying bodies to maintain transparency.

Indonesia’s carbon exchange, which was opened in 2023, has already seen significant trading volume, and the government intends to align future transactions with the Paris Agreement. Credit sales revenue will go towards forest protection, sustainable energy initiatives, and community development.

By selling verified credits, Indonesia hopes to establish itself as a key player in the $35 billion global carbon market. The program also backs its aim to reduce emissions by up to 43% by 2030 and reach net-zero by 2060, demonstrating how climate goals may be balanced with economic opportunities.