Landscape 05

Forum on Promoting Business Engagement and Matching through the Joint Crediting Mechanism (JCM) to Expand Indonesia’s Carbon Market

21/08/2025

10:00

ICT (UTC/GMT+7)

Coordinating Ministry for Economic Affairs (CMEA), Ministry of Environment (KLH), Ministry of the Environment of Japan (MOEJ)

Format

Hybrid

Coverage

Asia

Theme(s)

NDC and Transparency, Private Sector Engagement, High Integrity Carbon Markets

On 21 August 2025, the Article 6 Implementation Partnership (A6IP) and IGES supported the Forum and Business Matching on the JCM in Indonesia in Jakarta, in collaboration with MOEJ, KLH, CMEA, and OECC. The Forum convened government representatives, private companies, and partners from Japan and Indonesia. The event brought together a total of around 380 participants (about 230 in person and 150 online, including organizers).

Government sessions reviewed Indonesia’s JCM progress and emphasized linkages with domestic systems, while Japan presented revised JCM rules, NDC contributions, and CCS/CCUS guidelines. The role of the Mutual Recognition Agreement (MRA) and the concept of “nesting” in land-use projects were also discussed, highlighting opportunities for business participation.

In the afternoon, ten companies pitched a wide range of projects—from CCUS, Waste Management, Other hard-to-abate sectors and high-impact mitigation options, Peatland, AWD, REDD+, Biochar and NbS.

Business matching consultations facilitated dialogue between companies to explore collaboration opportunities, while Japanese and Indonesian government desks provided practical guidance on procedures and regulatory frameworks.

Concept note is available here

Program
TimeContents (mobile users, scroll to the right to view presentations)Presenter/ Presentation

10:00- 10:20

Opening remarks

Mr. Keitaro Tsuji, Director, Office of International Carbon Market, Global Environmental Bureau, MOEJ, Japan

Mr. Boby Wahyu Hernawan, Director of Multilateral Cooperation and Sustainable Financing, Ministry of Finance, Indonesia

10:20- 10:40

Introduction of JCM

Mr. Cahyadi Yudodahono, Head, JCM Secretariat, Coordinating Ministry for Economic Affairs, Indonesia

10:40- 11:00

Japan’s Climate Change Policy and latest development in JCM

Mr. Keitaro Tsuji, Director, Office of International Carbon Market, Global Environmental Bureau, MOEJ, Japan

11:00- 11:10

Overview of JCM Rules & Guidelines for CCS and CCUS in Indonesia

Mr. Norihiro Kimura, Senior Negotiator for Climate Change, Global Environmental Affairs Office, GX Policy Group, Ministry of Economy, Trade and Industry (METI), Japan (Online)

11:10- 11:25

Coffee Break

11:25- 12:25

Mutual Recognition Arrangement (MRA) on JCM between Japan and Indonesia and SPEI

Ms. Maiko Uga, Program Manager for International Carbon Markets, Office of International Carbon Market, Global Environmental Bureau, MOEJ, Japan

12:25- 13:25

Networking Lunch

13:25- 14:20

Pitch Presentations: JCM-Relevant Project Concepts from Japan and Indonesia

Technology-based Solutions

"Tangguh CCUS"

Ms. Reza Radityastuty, Head of Business Development Indonesia, bp

“Waste-to-Energy (Efficient Mitigation of Landfill Issue and GHG)”

Mr. Aono Yasukazu, Director, PT Kanadevia Indonesia

“Addressing Climate Finance through the JCM”

Mr. Daichi Hirose, Partner, SDG Impact Japan Inc.

"Comprehensive Geothermal Utilization Through Innovative Technologies and Approaches”

Mr. Choi Hong-Seok, Project Engineer- Business Coordinator, Carbon Neutral Division, Next Generation Energy Project Development Department, Toyo Engineering Corporation

“Carbon Zero for the C&I Market: Integrated Solutions from Rooftop Solar and Beyond”

Mr. Yasuharu Tokumasu, Senior Vice President, Alamport. Inc.

Nature-based Solutions

“Restoration and Management of Degraded Peat Ecosystems in Central Kalimantan Province”

Mr. Hara Masashi, Leader, PT. Sumitomo Forestry Indonesia

“Farming the Future: Leveraging Agriculture-based Carbon Credits for Sustainable Agriculture”

Ms. Akiko Namiki, Deputy Director Philippines Business, Faeger. Co. Ltd (online)

“Unlicking NbS in JCM through Carbon Project Development and Assessment Support”

Mr. Shunji Minode, Carbon Finance Specialist, Sustainacraft Inc.

“From Local Soil to Global Stability: Biochar's Contribution to Food Security and Resilience”

Dr. Putri Rizka Lestari, Lead Market Development & Innovation, PT. Terra Baru Indonesia

”Wetland Ecosystems for Climate Action”

Mr. Nurul Iman Suansa, Climate Technical Manager, ACT Group

14:20- 14:25

Introduction of JCM Global Match

Mr. Mitsuru Yamashiro, Senior Coordinator, JCM Secretariat Group, JCM Implementation Agency (JCMA), Japan

14:25- 14:30

Key Takeaways and Session Summary

Mr. Keitaro Tsuji, Director, Office of International Carbon Market, Global Environmental Bureau, MOEJ, Japan

14:45- 18:00

Business Matching Individual Consultation

Kazu1
Opening MOEJ
Opening ID Gov.
Audience1
MOEJ1
CMEA1
METI1
Organizer1
MOEJ2
QA1
QA2
Kazu2
MC
Business pitch
OECC1
bp1
Kanadevia
SDG impact Japan1
Sumitomo Forestry1
Toyo Eng.1
Alamport1
Feager
Sustainacraft1
Terra baru1
ACT1
Audience2
JCMA
OECC2
Other1
ACT
Other2
Alamport desk1
bp desk
Sumitomo desk
Other4
ID desk2
JP desk2
Kazu1
Opening MOEJ
Opening ID Gov.
Audience1
MOEJ1
CMEA1
METI1
Organizer1
MOEJ2
QA1
QA2
Kazu2
MC
Business pitch
OECC1
bp1
Kanadevia
SDG impact Japan1
Sumitomo Forestry1
Toyo Eng.1
Alamport1
Feager
Sustainacraft1
Terra baru1
ACT1
Audience2
JCMA
OECC2
Other1
ACT
Other2
Alamport desk1
bp desk
Sumitomo desk
Other4
ID desk2
JP desk2