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, Business Matching
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.
| Time | Contents (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 | |
11:00- 11:10 | Overview of JCM Rules & Guidelines for CCS and CCUS in Indonesia | |
11:10- 11:25 | Coffee Break | |
11:25- 12:25 | Mutual Recognition Arrangement (MRA) on JCM between Japan and Indonesia and SPEI | |
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)” | ||
“Addressing Climate Finance through the JCM” | ||
"Comprehensive Geothermal Utilization Through Innovative Technologies and Approaches” | ||
“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” | ||
“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” | ||
14:20- 14:25 | Introduction of JCM Global Match | |
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 |