Indonesia Signs Mutual Recognition Agreement (MRA) with Gold Standard Foundation
- Esa Khairina Husen
- May 8
- 2 min read
CarbonEthics is honored to be invited to the signing of the Mutual Recognition Agreement (MRA) between Indonesia’s Ministry of Environment (Kementerian Lingkungan Hidup - Badan Pengendalian Lingkungan Hidup / KLH - BPLH) and Gold Standard Foundation, today, 8 May 2025. The MRA was signed by Ir. Ary Sudijanto, M.S.E. on behalf of Indonesia’s Ministry of Environment, and Margaret Kim as the Chief Executive Officer of Gold Standard Foundation.
This milestone marks a significant step in Indonesia’s ongoing efforts to build a credible, transparent, and effective carbon market.
Here are the impacts of MRA:
Actors can choose Gold Standard certification for their projects. However, carbon projects in Indonesia must also be registered in Indonesia’s National Registry System for Climate Change (SRN PPI).
To streamline the process, Project Design Document (PDD) based on international standards may be used as part of the documentation to generate Indonesia’s Carbon Emission Reduction certification (SPE GRK).
Assessment criteria used by SPE GRK and Gold Standard will be harmonized to simplify project evaluations.
This MRA also opens opportunity for mutual recognition of methodologies between SPE GRK and Gold Standard.
In his keynote speech, Indonesia’s Minister of Environment, Hanif Faisol Nurofiq, reaffirms that, “This MRA is not merely an agreement. It is a strategic breakthrough that opens the door for Indonesia's carbon projects to penetrate global markets. It ensures that every conservation effort, emission reduction initiatives, and renewable energy project receive the value they deserve on the world’s stage.”
This MRA signing between Indonesia and Gold Standard is the beginning of Indonesia’s broader strategy to enhance its carbon market’s credibility and marketability by collaborating with international standards. Several other MRAs with globally recognized institutions are currently in progress, reinforcing Indonesia’s commitment to aligning with international best practices and increasing global market access for Indonesia’s carbon market, which further positions the country as a key player in the global effort to combat climate change.
Seize new opportunities from the MRA signing and get ahead of the curve. Stay tuned with us for more exclusive updates on Indonesia’s evolving carbon market development.
🔗 Get involved at https://www.carbonethics.co/nature-based-carbon-project#startproject
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The harmonization between SPE GRK and Gold Standard is a smart step that will simplify processes and encourage more actors to participate. It’s inspiring to see policies evolving in ways that benefit both the environment and project developers.
(Kind of reminds me of Geometry Dash—progress feels like moving through levels where each successful step builds momentum toward bigger challenges and opportunities.)
This game is a great way to take a break. A few minutes of Speed Stars clears your mind, gets your fingers moving, and fires up your focus. And yes, it's totally free.
This kind of structured alignment reminds me of trying to beat a tricky Geometry Dash Lite level — it takes timing, precision, and the right strategy to clear every obstacle. Here's hoping the same goes for climate goals!