Jakarta, July 10 -- Deputy Minister of Trade Dyah Roro Esti stated that the establishment of a Renewable Energy Certificate (REC) exchange is a strategic and innovative move to advance commodity trading in Indonesia.

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...