Indonesian president Prabowo Subianto’s pledge to retire the country’s fossil fuel plants last year was “misquoted by the media”, claims the leader’s brother Hashim Djojohadikusumo, arguing that such a move would be “economic suicide”.
The decision, made on the basis of additionality, affects nearly a third of all credits currently traded on the voluntary carbon market. Certifiers cautioned against a blanket methodology-level approach.