Supporting Carbon ID Survey And IDX Trading Cooperation, Minister Of SOEs: We Don't Want To Be Lied Again

Illustration (Photo: Doc. Antara)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir supports the cooperation between the ID Survey and the Indonesia Stock Exchange (IDX).

"This MoU is more about how we activate what is called carbon trading. Where the government already has tools under the OJK, then the stock exchange is part of the system," said Erick in Jakarta, Monday, February 27.

Erick added that entering the carbon era, Indonesia should not only be a spectator, especially since Indonesia had never been deceived by investment, but its carbon trading was sold at an expensive price.

"We don't want to be lied to anymore. We ourselves can become part of the carbon ecosystem," continued Erick.

Erick said, Indonesia is one of the great drivers in the carbon ecosystem in the world.

He said that several countries such as Congo and Brazil had already entered the world of carbon trading.

"There are several countries, including Congo, Indonesia, Brazil. If it is consolidated, it can be 80 percent. This means that Indonesia is one of the big players such as oil OPEC, now this is the Carbon version of OPEC with the forest," added Erick.

As for today, the IDX and BUMN signed a Memorandum of Understanding (MoU) which is expected to increase the added value, transparency, and accountability of the company, as well as a subsidiary of SOEs.

This will help increase the competitiveness of state-owned companies at the national and global levels.

The scope of cooperation between the IDX and the Ministry of SOEs can support the development of the capital market through socialization, education, and assistance regarding going public, as well as the issuance of other capital market funding instruments for companies and BUMN subsidiaries.