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PT Global and Earth Exchange Sign Indonesia's First Carbon Rights Agreement
Contract Type
agreement
Abu DhabiSoftwareDescription
PT Global, the exclusive agent for Promax Digital in Indonesia, and Earth Exchange based in Abu Dhabi, UAE, have signed Indonesia’s first official Carbon Rights Agreement with YAYASAN MASYARAKAT TEKNOLOGI PENGHIJAUAN for the restoration and conservation of 5,792 hectares of coastline. The deal marks a significant milestone in the country's efforts to combat climate change and reduce carbon emissions. Earth Exchange's carbon mitigation platform is designed to empower climate mitigation projects globally, helping countries and stakeholders realize their goals and fostering collaboration across borders.