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Indonesia's worst wildfires in 11 years threaten economy and carbon market

Severe forest and peatland fires, intensified by a super El Nino, are producing toxic haze that analysts warn could weigh on economic activity, strain public health, and undermine confidence in Indonesia's nascent carbon market. The fires mark the most intense season in 11 years, with smoke drifting to neighboring countries, signaling potential regional economic and environmental fallout.

South China Morning Post1 day agoIDengCredibility 28%View source

Score Breakdown

Mosaic Score7.2

Confidence0.5

Significance0.8

Source credibility0.3

Intelligence Tags

#wildfires #el-nino #carbon-market #haze #economic-impact

Entities

country

Source

Part of 2 situations

activeClimateHumanitarian4h ago

Indonesia — 9 developments

→ stable·5 signals·IDScore 5.3

developingClimate1d ago

Indonesian Peatland Fires Intensify, Threaten Economy and Carbon Market

Uncontrolled peatland fires in Indonesia, exacerbated by a super El Niño, are confirmed to be the most intense in 11 years, emitting over a third of global fire CO2 in a single week. These fires are generating toxic smog affecting millions and are claimed to threaten economic activity and undermine Indonesia's carbon market. The full extent of economic and health impacts remains to be confirmed.

↑ escalating·↑2 signals·IDScore 4.8