Indonesia revokes license of world’s largest forestry offsets project
April 30, 2024 | The Straits Time |
In Jakarta, the Indonesian government has revoked the license of one of the world’s largest carbon offsets projects in Central Kalimantan, Borneo, covering over 36,000 hectares. Rimba Raya Conservation, responsible for issuing more than 30 million credits since 2013, faces allegations of violating local regulations by transferring its license without approval, exceeding its sanctioned area, and failing to make required payments. This move raises uncertainties for carbon markets, traders, and companies relying on Rimba Raya credits to offset emissions. It underscores the risks associated with complex carbon offset schemes amid evolving government regulations. The development could impact partners like Hong Kong-based InfiniteEarth, which markets the project and is seeking clarity from Indonesian authorities. Toronto-based Carbon Streaming, set to buy millions of credits, is also awaiting further updates.
Viewed Articles
April 30, 2024 | The Straits Time | In Jakarta, the Indonesian government has revoked the license of one of the world’s largest carbon offsets projects in Central Kalimantan, Borneo, covering over 36,
Read More
January 17, 2025 | Carbon Herald | Agreena has achieved a major milestone by becoming the first large-scale cropland project registered under Verra’s Verified Carbon Standard (VCS) VM0042 for Improved
October 1, 2025 | Environmental Information Center (In Chinese) | Taiwan’s first Enhanced Rock Weathering (ERW) trial—conducted with the Tse-Xin Organic Agriculture Foundation (慈心有機農æ¥ç™¼å±•åŸºé‡‘會), NTU Depar
January 26, 2026 | The Liberty Times (Chinese) |Â Taiwan's Ministry of Agriculture (MOA), through the Taiwan Seed Improvement and Propagation Station, has completed a 3-year study on farmland carbo
April 1, 2025 | Mongabay | Â Agroforestry has been steadily gaining ground over the past eight years in the U.S., with the number of projects increasing 6% nationwide according to a new study. A federa
August 25, 2024 | The Financial Times | The Scottish land market has seen a shift as interest from wealthy rewilders and fund managers in commercial forestry and peatland restoration has cooled. Initi
