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

2023MitigationLegislativeLawMore details
Sectors: Finance

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.

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