[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]On 29 December 2023, the Supreme Court issued Supreme Court Circular Letter No. 3 of 2023 on Implementation of 2023 Supreme Court Plenary Meeting Conclusion as Implementing Guidelines for Courts (Circular Letter). The Circular Letter provides fresh insights...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]On 17 October 2023, the Supreme Court issued Supreme Court Regulation No. 3 of 2023 on Procedure for Appointment of Arbitrators by the Court, Right of Challenge, Examination of Petitions for Enforcement and Annulment of Arbitral Awards (Supreme...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]On 26 September 2023, following a series of regulations issued by OJK and BEI in the last two months, PT Bursa Efek Indonesia (Indonesia Stock Exchange/IDX) officially launched the most-anticipated Indonesia's first carbon exchange (IDXCarbon). The inauguration of...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Minister of Industry (MOI) issued Minister of Industry Regulation No. 23 of 2023 on the second amendment to the Minister of Industry Regulation No. 54 of 2012 on the Guidelines for the Utilization of Domestic Products for the...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]The long-anticipated Financial Services Authority (Otoritas Jasa Keuangan/OJK) Regulation No. 14 of 2023 on Carbon Trading through Carbon Exchange (OJK Reg 14/2023) was officially enacted on August 2, 2023 – which brings Indonesia (that is aiming to launch...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]It gives us great pleasure to announce our most recent article on “MEMR Regulation 16/2022: Kick-starting carbon trading for coal-fired power plants?” was published in Coal Asia Volume 146. MEMR Reg 16/2022 is the first sectoral regulation concerning carbon...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]After waiting for more than a year for various Indonesian ministries to issue implementing regulations on carbon trading, the issuance of Minister of Energy and Mineral Resources Regulation No. 16 of 2022 on The Procedures for Carbon...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]In support of energy transition in Indonesia, our Kirana Sastrawijaya and Pramudya A. Oktavinanda contributed to the Net Zero Engagement in Asia - A Guide to Shareholder Climate Resolutions, produced together with ClientEarth and Asia Investor Group on Climate Change (AIGCC). This guide aims to...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are delighted to share our recent publication re: “The Long-Awaited Presidential Regulation on Renewable Energy Development is Finally Issued: A Major Breakthrough?” that was featured in Coal Asia volume 143. Our head of power and renewables division Kirana...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]The Indonesian Government continues the carbon pricing policy series by issuing a highly anticipated Minister of Environment and Forestry Regulation No. 21 of 2022 on the Procedures for Carbon Pricing Implementation (MOEF Reg 21/2022). As an implementing regulation...