| Issue Number : 4818ID Indonesian translation

Five Stages for the Handling of Disaster Garbage Introduced

Five stages are required to be implemented during the handling of Disaster Garbage. However, before these stages can be performed, the rescue and evacuation of any victims must have been completed while a disaster status must have been determined in accordance with relevant laws and regulations.

| Issue Number : 4817ID Indonesian translation

Guidelines for Forest Reclamations in Utilized Forest Areas Introduced: Drafting of Two Forms of Reclamation Plan Now Mandatory for PPKH Holders

As holders of Forest Area Utilization Approvals (Persetujuan Penggunaan Kawasan Hutan "PPKH") are required to carry out forest reclamation activities in used forest areas ("Reclamations"), said PPKH holders are also required to draft and submit the following Reclamation plans: 1) General Reclamation plan ("General Plan"): to be drafted during the validity period of the relevant PPKH; and 2) Annual Reclamation plan: to be drafted for a one-year period and to further detail the implementation of the General Plan. In this regard, assessments of the above-described Reclamation Plans should be carried out and should be preceded by the submission of applications for Reclamation Plan assessments, which should be submitted to the Minister of Environment and Forestry ("Minister").

| Issue Number : 4790ID Indonesian translation

Five Types of Wild Plant and Animal Utilization Introduced

Different types of wild plants and animals (Tumbuhan dan Satwa Liar - "TSL") may be utilized after business licenses for the following activities have first been secured: 1) Conservation agencies working in the public interest; 2) TSL types in captivity; 3) Domestic/overseas distribution of TSL types; and 4) Demonstration of TSL types. Said business licenses should be issued based on the relevant levels of risk (medium-high and high).

| Issue Number : 4723ID Indonesian translation

Carbon Exchange User Obligations Introduced: Non-Compliance to Be Subject to the Imposition of Sanctions

Exchange Users must comply with various obligations, otherwise, they may be subject to the imposition of sanctions by the Organizer. These obligations include: 1) Must maintain the confidentiality of their given user-id and password and are prohibited from transferring them to any other parties; 2) Must comply with provisions, requirements and procedures that relate to the use of any facilities that are provided by the Organizer; 3) Must submit incidental reports within a maximum of seven Organizer days of any changes being made to certain types of information (e.g. business licensing, names of Exchange Users, information relating to Exchange Users, company deeds, etc.)

| Issue Number : 4714ID Indonesian translation

OJK Introduces Procedure for the Securing of Licenses for Carbon Trading Through Carbon Exchanges

The newly issued provisions address the following matters that specifically relate to the organizers of carbon trading: 1) Scope of carbon units; 2) Capital requirements for carbon exchanges; 3) Requirements and fit-and-proper testing for the shareholders, boards of director and boards of commissioners of Organizers; 4) Operational and internal control obligations that apply to Organizers; 5) Procedures for the submission applications to secure Carbon Trading Business Licenses; 6) Regulations that apply to Organizers and articles of associations of Organizers; 7) Carbon exchange workplaces and budgets; and 8) Reporting obligations

| Issue Number : 4709ID Indonesian translation

Issuance of B3 Waste Management Business Licenses Regulated for KBLI 38120 and 38220 Categories

The Minister of Environment and Forestry has introduced a new set of procedures for the issuance of business licenses to business actors who engage in business activities relating to the management of hazardous and toxic waste, specifically activities that fall under numbers 38120 and 38820 in the Standard Classification of Indonesian Business Fields (Klasifikasi Baku Lapangan Usaha Indonesia/KBLI)

| Issue Number : 4699ID Indonesian translation

Requirements and Procedures for Emissions Testing Units Introduced

In order to become Emissions Testing Units, parties are required to submit applications along with various documents to the relevant governor or regent/mayor. Emissions Testing Units must fulfill criteria relating to three aspects, specifically emissions testing tools, testing methodology and personnel

| Issue Number : 4696ID Indonesian translation

Minimum Paid-up Capital for Carbon Exchange Organizers Stipulated at Rp. 100 billion

During the organization of carbon exchanges, Organizers have various obligations, including: 1) Must provide a carbon unit trading system; 2) Must have internal controls and adequate risk management in place; 3) Must have paid-up capital amounting to a minimum of Rp. 100 billion that does not derive from loans

| Issue Number : 4660ID Indonesian translation

Emissions Trading and GRK Emissions Offsetting: Two New Carbon-Trading Mechanisms Introduced

Carbon trading, as described under the regulation, encompasses two mechanisms, specifically: 1) Emissions trading; and 2) Greenhouse gas (GRK) emissions offsetting, which is to be implemented by business actors producing emissions that exceed the stipulated GRK emissions ceilings and which can be implemented in relation to nine specific areas, including: blocks of other protected forest areas, peat and mangrove areas within forest areas, conservation forest areas, etc

| Issue Number : 4644ID Indonesian translation

President Regulates Integrated Planning for Accelerated Social Forestry Management During 2023 - 2030 Period

Integrated planning for the acceleration of social forestry management during the 2023 - 2030 period encompasses the following elements: 1) Distribution of legal access; 2) Development of social forestry businesses; and 3) Assistance

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