By: Mohamad Rafi Andiansyah, S.H. and Yudistira Adipratama, S.H., LL.M.
Date: October 20, 2023
On September 20, 2023, PT Bursa Efek Indonesia marked a significant milestone in its journey to develop a robust carbon trading market with the official implementation of BEI Decree 297/2023. This decree, which took effect on that date, introduces a comprehensive regulatory framework governing Carbon Exchange Users and their associated obligations. In alignment with Indonesia’s ambitious plans for its carbon exchange, Decree 297/2023 outlines the steps and obligations for those wanting to be involved in the Indonesian carbon trading market. To gain a deeper understanding of the decree and its implications, please click here for the full advisory.