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The European Parliament has raised the bar on the proposed legislation for regulating carbon removals but the EU is still far away from a framework that would truly benefit the climate, reported Carbon Market Watch.
The Indonesian Government, through the Financial Services Authority ("OJK"), issued Regulation No. 14 of 2023 on Carbon Trading through Carbon Exchange ("New Reg") to reduce the Greenhouse Gas (GHG) effect by way of carbon pricing trading. Previously, the Indonesian Government already issued several umbrella regulations in the same sector, namely:
Indonesia Introduces Rule For Organizing Carbon Market. Legal News and Analysis - Indonesia - Capital Markets, Regulatory & Compliance -
Indonesia Renewable Energy Update: Overview Of Carbon Trading For Power Plants. Legal News and Analysis - Indonesia - Energy & Project Finance -
Several environmental groups prepare for the upcoming Plastic-Free March 2023 on Sunday, July 30, 2023.