Opinion

Indonesia introduces carbon tax and cap and trade system

Published Date
Oct 26, 2021
A carbon tax and an emissions reductions framework, including a cap-and-trade system, are part of new efforts to meet Indonesia's Paris commitments in a bill passed by the House of Representatives in the lead-up to COP26.
The legislation is a step towards Indonesia’s treaty obligations, but structured and coordinated implementing regulations will be necessary to establish both the carbon tax and the cap-and-trade system as effective policy.  We discuss these developments in our article.
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This content was originally published by Allen & Overy before the A&O Shearman merger

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About the
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Michael Tardif

Foreign Legal Consultant (partner level), Ginting & Reksodiputro in association with A&O Shearman

Jakarta

His practice encompasses corporate and acquisition financing, structured/leveraged finance transactions and derivatives (including proj...
Ari Bessendorf

Ari Bessendorf

Foreign Legal Consultant, Ginting & Reksodiputro in association with A&O Shearman

Jakarta

He is a specialist in power purchase agreements, EPC contracts, and other project documents. Prior to joining Ginting & Reksodiputr...
Deska Widianto

Deska Widianto

Senior Associate, Ginting & Reksodiputro in association with A&O Shearman

Jakarta

She has been involved in a wide range of projects involving both international and Indonesian clients.

Prior to joining Gint...