Guide to Carbon Markets: Singapore, Indonesia
27 August 2026
Our guides to Carbon Markets in Singapore and Indonesia examine evolving carbon market frameworks in Singapore and Indonesia and the opportunities they present for businesses and investors.
Asia is rapidly emerging as one of the world’s most dynamic regions for carbon opportunities, with governments across the region developing carbon pricing mechanisms and carbon credit frameworks to support their climate ambitions, attract investment, and drive sustainable growth. The diversity in approach reflects both the complexity and the promise of Asia’s carbon sector.
Against this backdrop, Singapore has established itself as a regional leader. As the first jurisdiction in South-east Asia to introduce a carbon tax, Singapore continues to strengthen its carbon market ecosystem through its International Carbon Credit Framework, Article 6 Implementation Agreements with partner countries, a phased mandatory climate-related disclosure regime, and a broader strategy to position itself as a regional hub for carbon services, trading, and green finance.
Indonesia stands out as one of the most promising markets in this evolving landscape. With its vast natural resources, large energy sector, and commitment to achieving net-zero emissions, the country offers both scale and opportunity. The Government has introduced a comprehensive framework for carbon economic value, which provides for trading systems, offsets, result-based payments, and a forthcoming carbon tax.
These guides provide a practical, investor-focused overview of carbon landscape in Singapore and Indonesia, highlighting the regulatory framework, market infrastructure, and investment opportunities to help businesses understand the evolving market and identify areas for strategic investment and participation.
The guides can be accessed at the links below: