BEI Introduces Mechanism for Carbon Trading via PBK: Four Market Segments Introduced

Following its recent securing of a business permit as the organizer of the carbon exchange (Penyelenggara Bursa Karbon – “PBK”) by PT Bursa Efek Indonesia (“BEI”) from the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”), the BEI has decided to issue a new Regulation (“Carbon Trading Regulation”) on Carbon Unit (“Units”) Trade (“Carbon Trading”) through PBK as the Appendix to Decree of the Board of Directors of BEI No. KEP-00296/BEI/09-2023 (“Decree 296/2023”), which has been in force since 20 September 2023.[1]