| Issue Number : 5239

Indonesias Domestic Carbon Trade Ecosystem Now Recognizes International Standard Carbon Units: New Opportunities for Nature-Based Solution Projects

In 2021, the government introduced Regulation of the President No. 98 of 2021 on the Organization of Carbon Economic Value (Nilai Ekonomi Karbon – “NEK”) to Achieve Nationally Determined Contribution (“NDC”) Targets and Control over Greenhouse Gas (“GHG”) Emissions in Relation to National Development (“Regulation 98/2021”) in order to implement the country’s climate change commitments in the wake of the ratification of the Paris Agreement.[1]

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In 2021, the government introduced Regulation of the President No. 98 of 2021 on the Organization of Carbon Economic Value (Nilai Ekonomi Karbon – “NEK”) to Achieve Nationally Determined Contribution (“NDC”) Targets and Control over Greenhouse Gas (“GHG”) Emissions in Relation to National Development (“Regulation 98/2021”) in order to implement the country’s climate change commitments in the wake of the ratification of the Paris Agreement.[1]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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