Maintaining Carbon Sovereignty, Government Prepares Smart Book and Emission Limits

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Carbon Markets Must Reduce Emissions

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Determination of emission limits will be formulated through coordination across ministries and institutions. The government must ensure that these limits are set precisely, measurably and in accordance with the characteristics of each business sector.

With strict regulations, it is hoped that the domestic carbon market will not only be a place for buying and selling carbon units. This mechanism must function as an emission control instrument that encourages the business world to improve environmental governance and shift towards low-carbon economic activities.

The government also wants to ensure that carbon trading provides economic benefits to Indonesia without reducing environmental integrity or threatening the country's sovereignty over national carbon potential. (ed)