JAKARTA: Indonesia began offering carbon credit certificates for international buyers on Monday, as one of the world’s top greenhouse gas emitters seeks to raise funds to achieve its climate goals.

The move comes after countries agreed on the rules for a global market to buy and sell carbon credits at the COP29 climate conference last November, which its proponents say will mobilize billions of dollars into projects to help fight climate change.

Indonesia is ready to issue carbon credit certificates from emission reductions from a number of power projects on Java island worth about 1.78 million metric tons of carbon dioxide equivalent (CO2e), Environment Minister Hanif Faisol Nurofiq said.

“The implementation of international carbon trading is a reflection of Indonesia’s commitment following COP29,” he said at a launching ceremony in Jakarta.

“It can be ensured that the emission reduction certificates issued by Indonesia are of high integrity … It is hoped that this will serve as (a) foundation for global climate action that (turns) ambition into action, aligning economic growth with environmental responsibility.”

Carbon credits are generated by activities that avoid or reduce emissions of carbon dioxide, a potent greenhouse gas. They can be purchased by companies or countries seeking to “offset” or cancel out some of their own emissions to help reach their climate goals.

Indonesia, an archipelago with the world’s third-largest rainforest area, is one of the world’s biggest polluters. It has pledged to reach carbon neutrality by 2060, including by phasing out hundreds of coal-fired power plants and replacing them with renewables.

With goals to build around 75 gigawatts of renewable energy capacity by 2040, the government plans to raise some of the required funds through carbon offset projects.

Monday’s launch was an “important milestone in our collective journey towards a sustainable future,” Nurofiq said.

Indonesia’s carbon credit market has attracted little interest after it was first launched for domestic players in September 2023.

Trading value as of December 2024 was 50.64 billion rupiah ($3.10 million), while trading volume reached 908,018 tons of CO2e, according to Indonesia’s Financial Services Authority.

LONDON: The trial of a teenager accused of killing three young girls in a stabbing spree last year that sparked the UK’s most violent riots in a decade is set to begin Monday.

Axel Rudakubana, 18, is due to stand trial at Liverpool Crown Court, accused of murdering three girls at a Taylor Swift-themed dance class last year in Southport, northwest England.

Bebe King, six, Elsie Dot Stancombe, seven, and Alice da Silva Aguiar, nine, were killed in the attack in the seaside resort near Liverpool on July 29, 2024.

Ten others were injured, including eight children, in one of the country’s worst mass stabbings in years.

Rudakubana faces a total of 16 charges, including three counts of murder, 10 counts of attempted murder and one count of possessing a blade days after the attack.

The trial is expected to last four weeks after pleas of not guilty were entered on his behalf.

The stabbings sent shock waves across the UK, triggering unrest and riots in more than a dozen English and Northern Irish towns and cities, including in Southport and Liverpool.

Authorities blamed far-right agitators for fueling violence, including by sharing misinformation claiming the alleged attacker was a Muslim asylum seeker.

The unrest, which lasted several days, saw far-right rioters attack police, shops, hotels housing asylum seekers and mosques, with hundreds of participants subsequently arrested and charged.

Rudakubana was born in Wales to parents of Rwandan origin and lived in Banks, a village northeast of Southport.

Despite being 17 years old at the time, restrictions on reporting Rudakubana’s name were lifted in August due to concerns over the spread of misinformation.

“Continuing to prevent the full reporting has the disadvantage of allowing others to spread misinformation, in a vacuum,” judge Andrew Menary said as he lifted the restrictions.

Taylor Swift, then in the middle of her Eras tour, wrote on Instagram that she “was completely in shock” the day after the attack on the dance class at the start of the school holidays.

The pop star reportedly met two of the survivors of the attack during her August shows in London.

The UK’s head of state King Charles III also traveled to Southport in August to meet with survivors, inspecting a sea of floral tributes laid outside the city’s town hall.

And Catherine, Princess of Wales, and Prince William visited Southport in October “to show support to the local community,” Kensington Palace said. It was their first joint public engagement since Kate ended a course of chemotherapy for cancer.

In October, the suspect was charged with two additional offenses in relation to evidence obtained “during searches of Axel Rudakubana’s home address” following the attack, the Crown Prosecution Services (CPS), which brings public prosecutions, said.

The charges were for the “production of a biological toxin, namely ricin,” and “possessing information ... likely to be useful to a person committing or preparing an act of terrorism.”

The terrorism offense related to suspicion of possessing an Al-Qaeda training manual, although the attack was not treated as a terrorist incident.

Following speculation on social media related to policing decisions in the case, Chief Constable Serena Kennedy said she realized the added charges could trigger fresh rumors.

“We would strongly advise caution against anyone speculating as to motivation in this case,” Kennedy was quoted as saying.

She urged people to be patient and “don’t believe everything you read on social media.”

Rudakubana has appeared in several hearings since the attack, often wearing a grey sweatshirt, and refusing to speak in all of them.

In the last hearing in December, he appeared via videolink at Liverpool Crown Court from high-security Belmarsh prison, in southeast London.

The Attorney General and Merseyside police have warned the press and public against publishing any material that risks prejudicing the trial.