Indonesia advances legal framework to accelerate blue carbon pricing programme
Hanoi, April 17 -- Jakarta (VNA) - The Indonesian Ministry of Marine Affairs and Fisheries is fast-tracking the Carbon Economic Value (NEK) or carbon pricing initiatives in the marine and fisheries sectors to support the blue economy. Indonesian Marine Affairs and Fisheries Minister Sakti Wahyu Trenggono was quoted by local media as saying that the ministry is focusing on three main pillars of carbon pricing implementation. The first one is the regulatory aspect. The ministry is currently drafting a technical regulation as a follow-up to Presidential Regulation Number 110 of 2025, he said. Furthermore, the ministry is focusing on strengthening data and information management, including mapping blue carbon ecosystems, establishing emission b...
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