Opinion

Indonesia introduces carbon tax and cap and trade system

Published Date
Oct 26, 2021
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  • Michael Tardif
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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Indonesia introduces carbon tax and cap and trade system

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Michael Tardif