Minister of Forestry of Indonesia
Minister of Environment of the Republic of Indonesia
Chairperson of Indonesia Financial Services Authority (OJK)
Coordinating Vice Chair for Investments, Downstreaming & Environment at Kadin Indonesia; CEO of Maharaksa Biru Energi
Vice Chair for Energy & Mineral Resources at Kadin Indonesia; Deputy CEO of Arsari Group
CEO of the Voluntary Carbon Markets Integrity Initiative (VCMI); Head of Secretariat of the Coalition to Grow Carbon Markets
COO of Tellus Conservation
Chairman of UK ASEAN Business Council (UKABC)
Vice Chair of Kadin UK Bilateral Committee; Managing Partner and CEO of Equatorise
Head of Secretariat of ASEAN Alliance on Carbon Markets (AACM); Head of Sustainability Transition at Equatorise
The global climate agenda has moved from ambition to execution. According to BloombergNEF, global energy transition investment reached a record US$2.3 trillion in 2025, up 8% from 2024, with the largest flows going into electrified transport, renewable energy, and power grids. Indonesia sits at the centre of this opportunity. BloombergNEF estimates that Indonesia’s net-zero transformation represents a US$3.8 trillion opportunity through 2050. The country remains one of the world’s most important emerging economies, with strategic relevance in energy transition, carbon markets, critical minerals, and corporate decarbonisation.
The opportunity is already beginning to translate into market signals. BloombergNEF notes that Indonesia is the world’s second-largest producer of geothermal power, while electric vehicles reached 14% of passenger vehicle sales from January to August 2026. Indonesia’s sustainable and sustainability-linked debt market has also grown significantly, rising 12-fold to US$6.3 billion in 2024, compared with US$0.5 billion in 2015.
Carbon markets form an important part of this wider climate finance architecture. BloombergNEF projects that global carbon credit supply could grow 20 to 35 times by 2050, driven by a market reset focused on integrity, impact, and credible demand. Under its high-quality scenario, theoretical carbon credit supply could rise from 243 million tonnes in 2024 to 2.6 billion tonnes in 2030 and 4.8 billion tonnes in 2050. This reinforces the central message for Indonesia and ASEAN: future market value will depend not only on project volume, but on quality, transparency, governance, and investor confidence.
Against this backdrop, the Southeast Asia Climate Action Forum provides a timely high-level platform to move the discussion from climate ambition toward practical cooperation. The UK is a natural partner in this discussion, bringing deep capabilities in sustainable finance, legal structuring, disclosure, and market infrastructure. The session will bring together Indonesian leadership, UK parliamentarians, business leaders, and financial institutions to explore how Indonesia, ASEAN, and the UK can mobilise capital, strengthen market integrity, and develop credible climate solutions at scale.
The Southeast Asia Climate Action Forum is co-hosted by Indonesia Chamber of Commerce and Industry (KADIN Indonesia) in collaboration with the Ministry of Forestry of the Republic of Indonesia and supported by the ASEAN Alliance on Carbon Markets (AACM) and Equatorise Advisory.
For more information, please contact Steven Marcelino +44 7808 661524 / [email protected] and Anastasia Widya +44 7776 634 582 / [email protected].
Arrival
Bobby Gafur Umar, Coordinating Vice Chair for Investments, Downstreaming & Environment at Kadin Indonesia; CEO of Maharaksa Biru Energi
Lord Ed Vaizey of Didcot*, Chairman of UK ASEAN Business Council (UKABC)
H.E. Raja Juli Antoni, Minister of Forestry of Indonesia on “Scaling up Carbon Markets for Global Demand and Next Steps in the Indonesia Momentum”
Ruth Davis OBE*, UK Special Representative for Nature
H.E. Mohammad Jumhur Hidayat, Minister of Environment of the Republic of Indonesia on “Energy transition acceleration to achieve energy security and Indonesia’s net zero priorities in the new world order.”
Dr. Ir. I Wayan Koster, M.M.*, Governor of Bali
“Showcasing climate action in Bali as the go-to sustainable tourism destination”
Moderated by Christy Zakarias, Head of Secretariat of ASEAN Alliance on Carbon Markets (AACM); Head of Sustainability Transition at Equatorise
Aryo Djojojahadikusumo, Vice Chair for Energy & Mineral Resources at Kadin Indonesia; Deputy CEO of Arsari Group on “Mobilising public and private capital into bankable projects in Indonesia and Southeast Asia”
Friderica (Kiki) Widyasari Dewi, Chairperson of Indonesia Financial Services Authority (OJK)
Moderated by Steven Marcelino, Vice Chair of Kadin UK Bilateral Committee; Managing Partner and CEO of Equatorise