Skip to content
Climate Change Laws of the World logo globe
Climate Change Laws of the World logo text
  • Home
  • /
  • Search
  • /
  • Indonesia
  • /
  • Law no.4 on the Development and Strengthening of the Financial Sector (Law 4/2023)

Law no.4 on the Development and Strengthening of the Financial Sector (Law 4/2023)

Geography
Year
2023
Document Type
Legislative

Summary

This Law defines carbon credits as securities and carbon trading under carbon exchanges as a financial transaction. It authorizes the Indonesian Financial Services Authority (OJK) to oversee the country's domestic carbon market.

Documents

About this law

Year
2023
Most recent update
12/01/2023
Response areas
Mitigation
Sectors
Finance

Note

CCLW national policies

The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.