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The impacts of deforestation must also be counted towards the true cost of water, the ministry’s secretary-general said. Meanwhile, the country's first fair share carbon budget report could help strengthen the government’s forest conservation efforts.
As global demand for steel is rising, Indonesia’s steel industry is one of the country’s largest industrial greenhouse gas emitters and is set to become far more polluting if current trends continue, according to a nonprofit report.
On 1 February, India’s Finance minister Nirmala Sitharaman unveiled the government’s budget for 2026, which included a new US$2.2 billion funding push for carbon capture technologies.
Palm oil players welcomed the new standard, which also covers traceability requirements for Scope 3 emissions. However, it does not cover the measurement of forest carbon yet, which the standard setter said it needs more time to develop.
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