Speaking at the launch of the REC Exchange and the 16th anniversary celebration of the Indonesia Commodity and Derivatives Exchange (ICDX) and the Indonesia Clearing House (ICH) in Jakarta on Wednesday (July 9), Roro noted that ICDX has played a vital role in supporting government programs and strengthening the ecosystem of the commodity futures trading (PBK) industry.
"The introduction of RECs on ICDX will diversify the range of traded products, attract new investors, and ultimately strengthen Indonesia’s position as a key player in the global green economy," Roro said in an official statement issued in Jakarta on Thursday.
RECs are instruments or certificates that indicate the amount of electricity generated from renewable energy sources (RES) in accordance with nationally or internationally recognized standards.
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Through RECs, businesses can demonstrate that the energy they use comes from renewable sources such as solar, hydro, wind, or biomass.
Roro emphasized that launching the REC Exchange is a strategic move to accelerate clean energy adoption and support the government's agenda for transitioning to a green economy.
At the same event, Head of the Commodity Futures Trading Regulatory Agency (Bappebti), Tirta Karma Senjaya, stated that the launch of the REC Exchange marks a key milestone in strengthening the commodity futures trading ecosystem.
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He noted that the transfer of regulatory and supervisory authority for certain digital financial assets and foreign exchange or foreign securities derivatives from Bappebti to Bank Indonesia and the Financial Services Authority (OJK) should serve as a new chapter in revitalizing the PBK industry, particularly in contracts based on Indonesia’s strategic commodities.
He remarked that the Financial Sector Development and Strengthening Law (UU PPSK) underscores the importance of synergy among financial sector supervisory institutions.
"Strengthening inter-agency coordination is expected to safeguard market integrity, enhance consumer protection, and encourage controlled innovation in the financial sector," Tirta stated.
From January to May 2025, the notional value of PBK transactions reached Rp18,969.3 trillion, a 50.1 percent increase compared to the same period in 2024. In terms of volume, transactions during the same period totaled 5,956,457.1 lots, reflecting a 3.6 percent year-on-year increase.
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Translator: Maria C, Azis Kurmala
Editor: M Razi Rahman
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