How wildfires are threatening Indonesia’s economy and carbon market

Forest and peatland fires raging across Indonesia are threatening to become more than an environmental emergency, with analysts warning that the thickening haze could weigh on economic activity, strain public health and test confidence in the nation’s fledgling carbon market.

Indonesia is no stranger to forest and peat fires, but this year’s super El Nino has helped make it the country’s most intense wildfire season in 11 years.

Toxic haze and smoke have also drifted to neighbouring countries...