Jakarta, June 26 -- Indonesia's Minister of Environment Hanif Faisol Nurofiq reaffirmed the country's leadership in the global carbon market during the launch of the Coalition to Grow Carbon Markets (CGCM) at the London Stock Exchange, the United Kingdom.

"Indonesia holds tremendous potential in carbon trading, which can be maximized to support national economic growth while contributing to the global effort to combat climate change," Minister Hanif, who also heads the Environmental Control Agency (BPLH), noted in a statement received in Jakarta on Thursday.

"Indonesia has already implemented a domestic carbon trading system and is actively developing an international scheme that adheres to the TACCC principles-Transparent, Accurate, Co...