Year: 2025
Type: article
Abstract: This study aims to assess Indonesia’s readiness to implement carbon trading in 2025 to achieve net zero emissions by 2060. The research uses a mixed-method approach, combining literature review, multivariate linear regression, and Vector Error Correction Model (VECM). The results indicate that the Human Development Index (HDI) has a negative and significant impact on CO2 emissions in the long term. This impact is greater than the results observed in Singapore and Thailand. With established policies and a demographic bonus in 2045, optimizing human resources is crucial for achieving net zero emissions by 2060.
Authors: Ferdiansyah, Muhammad Rayhan Ali, Rosyadah, Hanif, Ramadhan, Fikri Fajar
Institution: Universitas Gadjah Mada
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Climate action
Open Access status: diamond
OpenAlex ID: W4412616437
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