Indonesia ended a three-year moratorium on the international sale of voluntary carbon units in January 2026, and the country's largest REDD+ project is now set for a major credit issuance — the first large-scale forest credit export from Indonesia since the moratorium began in 2021.
The new regulatory framework under Permenhut 6/2026 officially opens the Indonesian market to international voluntary standards, recognises Verra, Gold Standard, and other registries, and — critically — allows projects to optionally apply Corresponding Adjustments. This makes Indonesian REDD+ credits potentially eligible for CORSIA Phase 1 compliance and Article 6 use, significantly expanding their addressable buyer base.
REDD+ projects historically accounted for 78% of Indonesia's carbon credit supply from independent standards. The lifting of the moratorium is expected to release a significant volume of previously held or delayed issuances onto the voluntary carbon market, adding new supply that will exert downward pressure on non-differentiated forest credit prices.
CORSIA Phase 1 spot credits traded at approximately $14/tCO₂ this week. Analysts forecast prices rising to $25–$36/tonne by 2027 — but this depends heavily on the pace of host-country authorisations for Corresponding Adjustments. Indonesian credits with CA authorisation would enter a supply-constrained CORSIA market at a significant premium over non-CA volumes.
At TrustVal, the return of Indonesian REDD+ supply is a signal to act on credit quality differentiation now. Corporate buyers who have not yet specified CCP-label or Corresponding Adjustment requirements in their procurement criteria are exposed to purchasing credits that will face increasing reputational and regulatory scrutiny. TrustVal provides credit quality assessments and procurement specification support to help buyers navigate supply-quality dynamics in real time.
Carbon Pulse — Huge Indonesian REDD project set for major credit issuance after moratorium ends
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