AMS | MRV Information Platform for ASEAN Region

Overview

Indonesia, the fourth most populous country with more than 250 million people, is currently undergoing rapid urbanization, necessitating a focus on the low-carbon transition. The country is particularly concentrating on Renewable Energy, Energy Efficiency, Transport, Agriculture, Land Use and Forestry, and Waste for mitigation measurement. Indonesia aims for a 29% GHG reduction in BAU by 2030 and a 41% reduction with international support. In 2021, it submitted its first long-term strategy to be carbon neutral by 2060.

Development status

2022: Nationally Determined Contribution(NDC)
2021: Third Biennial Update Report (BUR3)
2021: Long-Term Strategy for Low Carbon and Climate Resilience 2050 (Indonesia LTS-LCCR 2050)

Law, decree, ordinance, etc

2022: Regulation No. 16/ 2022 concerning Procedures for Implementing the Economic Value of Carbon in the Electric Power Generation Subsector
2022: Regulation No. 7/ 2023 concerning Procedures for Carbon Trading in the Forestry Sector
2022: Regulation No. 21/ 2022 concerning Procedure for Implementation of Carbon Pricing
2021: Presidential Regulation No.98/ 2021 on the Implementation of Carbon Pricing
2021: Law No. 7 on the Harmonisation of Tax Regulations
2019: Law No. 22/2019 on the Sustainable Agriculture Cultivation System
2013: Law No.18/2013 about Prevention and Eradication of Forest Destruction
2009: Law 32/2009 Environmental Protection and Management
2007: Law No.30/2007 on energy
1999: Law about Forestry 1999

Voluntary actions by non-state actors

The Indonesian Environment Fund (BPDLH)

The BPDLH is tasked to manage funds related to forestry, energy and mineral resources, carbon trading, environmental services, industry, transportation, agriculture, marine and fisheries, and other fields related to the environment.

https://web.bpdlh.id/about-bpdlh/

Indonesia Stock Exchange (IDX)

The Indonesia Stock Exchange (IDX) launched a trading platform for both carbon allowances (under cap-and-trade) and voluntary carbon credits in September 2023.