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Development of Regulatory Framework for Carbon Exchange in Carbon Trading Arrangements

Carbon trading is one of the mechanisms in the management of carbon economic value to achieve the Nationally Determined Contribution targets and control the greenhouse gas emissions, and one of the means that can conducted to do it is by organizing the carbon exchange. Since the enactment of PR 98/2021 to the MoEF Reg. 21/2022, the Government has provided overviews toward the implementation of carbon trading through the carbon exchange. Recently, Law 4/2023 provides further general provisions of the carbon trading through the carbon exchange. Find out further our insights about this topic:


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