He also highlighted that the ISF 2024 provides a platform for ASEAN countries to standardize and certify carbon markets, enabling the region to become a significant voice in the global carbon market.

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ASEAN can hold key role in global carbon market

Rasjid stated that to reach economic growth targets, the country must attract investment by establishing sustainable enterprises, a key driver for long-term growth across Southeast Asian economies.

Indonesia, rich in biodiversity, ranks second globally in biodiversity after Brazil. By managing this resource effectively, the country can lead the formation of a Southeast Asian carbon market alliance.

Additionally, its abundant skilled workforce offers further advantages for attracting foreign investment.

Source: VNA