Inp.polri.go.id - Belem. Indonesia and Norway has signed a landmark carbon-trade agreement at COP30 in Belém, paving the way for the purchase of 12.5 million tons of CO₂ through PT PLN’s renewable-energy projects. 

The deal was formalized between PT PLN, the Global Green Growth Institute (GGGI), and both governments as part of Article 6.2 implementation.

“We witnessed the signing of the Framework Agreement between PT PLN and GGGI, which operationalizes the bilateral commitment under Article 6.2. GGGI will purchase 12.5 million tons of CO₂ from PLN’s renewable projects,” Minister of Environment Hanif Faisol Nurofiq said in a statement as reported by antaranews.com on Friday (14/11/2025).

PT PLN’s Director of Transmission and System Planning, Evy Haryadi, added that Norway is providing financial support to accelerate Indonesia’s decarbonization and boost renewable project development. Indonesia is targeting up to 90 million tons of CO₂ transactions, valued at roughly Rp16 trillion, during COP30.

Daily Seller Meet Buyer sessions at the Indonesia Pavilion aim to match carbon sellers, buyers, and investors to meet that target.

(mg/inp/pr/rs)