Asia-Pacific forest leaders discuss carbon market roadmap ahead of COP 30

Key Points

• Senior forestry officials and climate finance experts from Indonesia, Viet Nam, and Nepal gathered in Seoul to explore expanding forest carbon transactions across Asia-Pacific.
• The roundtable was organized by the Global Green Growth Institute (GGGI) and co-hosted by UN-REDD to support countries' transition from REDD+ readiness to results-based finance under the Paris Agreement.
• Indonesia leads with a jurisdictional REDD+ pipeline estimated at up to 200 million tonnes of CO2 equivalent per year, while Viet Nam and Nepal are preparing significant emission reductions and verifications.
• The meeting discussed accelerating verified issuances, clarifying national positions before COP 30, and the potential of the Tropical Forest Forever Facility (TFFF) to attract long-term investment in forest conservation.