Indonesia launches first carbon exchange ...Middle East

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Indonesia launches first carbon exchange
JAKARTA: Indonesia launched its first carbon exchange on Tuesday, giving companies a chance to offset their emissions as Jakarta pledges to reach carbon neutrality in its power sector by 2050.The country is one of the world's biggest polluters and there has been scant progress on a multi-billion-dollar investment plan agreed with the United States and European nations last year to wean the archipelago off coal.The government has lauded the exchange as a way to reduce emissions towards reaching the country's climate goals by the 2050 deadline agreed under the $20 billion Just Energy Transition Partnership at the Indonesia-hosted G20 summit in November.“I want to congratulate OJK (Financial Se

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