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Indonesia

The Jakarta Futures Exchange is studying the possibility of setting up its own carbon trading futures which would be a key move to develop the country's carbon trading market, an exchange executive said on Wednesday.

There is no carbon trading market in Indonesia now, although there are several projects to earn carbon offsets under the U.N.'s Clean Development Mechanism (CDM) scheme.

Read more: Indonesia's JFX eyes carbon trading futures

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Foreign Minister Marty Natalegawa and his Norwegian counterpart Jonas Gahr Stoere signed here Monday a declaration to boost bilateral cooperation and to join hand in hand in tackling global problems.

“We have a very close relationship. But what we want to see now is that both countries can work together to help find solutions to global problems,” Marty told a joint press conference after the meeting. 

Read more: Indonesia, Norway strengthen bilateral cooperation

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Jakarta, November 8 - US President Barack Obama’s two-day visit to Indonesia is expected to boost foreign investment in the renewable energy sources sector, a minister said here Monday.

“We expect there will be more transfer of technology for development of renewable energy sources, and investment in the management of the technology,” said Coordinating Minister for Economic Affairs Hatta Rajasa.

Read more: Obama's visit expected to boost investment in renewable energy

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