Legal Alert: Indonesia – New Regulation on Carbon Trading for the Forestry Sector
The Indonesian Ministry of Environment and Forestry (“MOEF”) is continuing to develop the regulatory framework for carbon trading in Indonesia. First it issued an umbrella regulation, Presidential Regulation No. 98 of 2021 on Carbon Economic Value (the “CEV Regulation”), which was followed by MOEF Regulation No. 21 of 2022 (“MOEF Regulation 21/2022”). Now the MOEF … Legal Alert: Indonesia – New Regulation on Carbon Trading for the Forestry Sector