The smoke from forest and land fires represents a large amount of greenhouse gas emissions, and the destruction of ecosystems by fire is effectively a loss of carbon sequestration. Globally, countries and companies are now focusing on emissions reduction and committing to net zero targets. Hence, interest in the generation and sale of carbon credits for the voluntary offset market is growing. Singapore is aiming to become an international carbon trading and services hub, with an emphasis on trading carbon credits generated by nature-based solutions. Indonesia has been touted as a potential source for such credits, but what is the current state of play in Indonesia?