Jakarta, July 12 -- A non-profit organisation The Reform Initiatives (TRI) stated the Ministry of Forestry's carbon trading reforms have restored confidence among investors, project developers, and potential international buyers.

In a statement received here on Sunday, Executive Director of TRI Hadi Prayitno said a policy shift brought by revising a Presidential Regulation Number 98/2021 into Presidential Regulation Number 110/2025 marks a turning point for carbon trading development in Indonesia.

"This policy transformation was spearheaded by the forestry minister, alongside the president's special envoy for climate change control and the coordinating minister for food affairs, who serves as the steering committee chairman," Prayitno s...