CCSF UICCSF UI
Leadership

Dr. Bayu Pranata

Deputy Director for Research

Carbon MarketsMarket DesignFinancial EconomicsArticle 6

Financial economist specialising in carbon markets, market microstructure and the integrity of environmental commodities.

Dr. Bayu Pranata leads CCSF's research programme and heads its carbon market monitor. His work focuses on price formation in nascent environmental markets and on the institutional design choices that determine whether such markets deliver real abatement.

Before joining CCSF he worked in fixed-income research and advised the Indonesia Stock Exchange during the design phase of IDXCarbon.

Education

2013

PhD in Finance

London School of Economics

2008

MSc in Financial Economics

University of Oxford

Conferences & presentations

  • 2024

    Price discovery in Indonesia's compliance carbon market

    IETA Asia Climate Summit

Selected publications

012025
Journal Article

Price Discovery in a Nascent Compliance Market: Early Evidence from IDXCarbon

Bayu Pranata & Nadia Safira

Energy Economics

022025
Policy Brief

Article 6 Readiness in Indonesia: Authorisation, Corresponding Adjustment and Market Consequence

Nadia Safira & Bayu Pranata

CCSF Policy Brief No. 14

032024
Journal Article

Does Labelled Issuance Change Allocation? Evidence from Indonesia's Sovereign Green Sukuk

Arif Ramadhan & Bayu Pranata

Journal of Sustainable Finance & Investment

042024
Journal Article

Physical Climate Risk in Regional Bank Portfolios: A Bottom-Up Stress Test

Putri Anggraini, Daniel Oakley & Bayu Pranata

Journal of Banking Regulation

Projects

All projects
Indonesia Carbon Market Monitor
Ongoing
Jakarta

Indonesia Carbon Market Monitor

A continuous monitoring programme tracking price formation, traded volume and credit integrity across Indonesia's compliance and voluntary…

Funded byWorld Resources Institute2023 – 2026
Green Sukuk Impact Assessment
Completed
Jakarta

Green Sukuk Impact Assessment

An independent assessment of whether Indonesia's sovereign green sukuk programme has changed real capital allocation or relabelled existing…

Funded byWorld Bank2023 – 2024