Antalya, November 10, 2026 — Indonesia is set to facilitate pitches for 30 carbon projects at the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change (UNFCCC) in Antalya, Türkiye, as it seeks to attract investment, cut emissions and support national development.

The projects will be presented through Carbon Connection (Carbonnex), a forum bringing together project developers, buyers, investors and strategic partners from Indonesia and abroad to explore cooperation and strengthen governance of the country’s carbon market.

The forum is scheduled to run at the Indonesia Pavilion from Nov. 10 to 19.

Environment Minister Jumhur Hidayat said Indonesia was open to carbon partnerships that deliver measurable emissions reductions and support the country’s climate targets under its Second Nationally Determined Contribution (NDC).

The Second NDC projects that Indonesia’s greenhouse gas (GHG) emissions will peak at between 1.35 and 1.49 gigatons of carbon dioxide equivalent (Gt CO₂e) in 2030, before declining to between 1.26 and 1.49 Gt CO₂e by 2035 under different low-carbon development scenarios.

Jumhur said the proposed projects must not only contribute to the country’s NDC targets but also deliver tangible benefits to local communities and support national development priorities.

“Indonesia welcomes carbon cooperation that delivers real results, lower emissions, investment in mitigation, and benefits our people. That is the purpose of this platform,” he said.

“We want this meeting to produce more than an expression of interest. We want participants to understand that these opportunities can identify what is needed and agree on the work required to move forward,” Jumhur added.

Over the 10-day forum, Carbonnex will feature pitches for 30 carbon projects submitted by 17 proponents. The projects comprise 19 in the forestry and other land use (FOLU) sector, six in energy, four in waste management and one in agriculture.

The first project presented at the forum was the Rangkong Basaken Conservation Project, developed by Pertamina New and Renewable Energy. The project aims to protect 36,596 hectares of natural forest in North Kalimantan for 40 years and is expected to prevent approximately 272,000 tons of carbon dioxide emissions annually.

This year, Carbonnex is expanding its format by giving buyers, investors and partners an opportunity to pitch their proposed contributions through the Indonesian Climate and Carbon Partnership (ICCP).

The ICCP serves as a strategic platform to connect Indonesia’s climate and carbon priorities with the expertise, resources and support of domestic and international partners. It provides eight priority support packages covering policy and institutional strengthening, monitoring, reporting and verification (MRV), digital infrastructure, carbon integrity, sectoral and subnational readiness, project preparation, climate investment and Article 6 cooperation and market development.

Jumhur said the support was expected to help move the projects from proposals to implementation, provided that project proponents and potential partners followed through on their commitments.

“I invite proponents to be clear about their opportunities and their needs, and I invite buyers, investors and partners to be clear about the contributions they are ready to make,” he said.

This year’s Carbonnex marks the second time Indonesia has hosted the forum alongside a UN climate summit.

At COP30 in Belém, Brazil, last year, 44 carbon projects were presented, offering a combined 53.2 million tonnes of carbon dioxide equivalent (tCO₂e) in carbon credits. Of these, 12 projects attracted interest from potential buyers for more than 2.75 million tonnes of CO₂e.

Presidential Special Envoy for Climate and Energy and head of Indonesia’s delegation to COP31 Hashim Djojohadikusumo said the carbon market was not only a strategic instrument for accelerating climate action but also a means of delivering tangible benefits to communities.

He said Indonesia remained committed to developing a credible carbon market that delivers genuine environmental benefits and attracts long-term investment.

“We must ensure that conservation and restoration also create meaningful economic opportunities for the people who live alongside these ecosystems. This is how we build a nature-positive economy, where protecting nature becomes an investment in our shared future,” he said.