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Indonesia

Indonesia

Political Groups

G77, G20

Global Climate Risk Index

24.83

Targets

World Bank Income Group

Lower middle income

Share of Global Emissions

3.94%

Documents

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Comprehensive Investment and Policy Plan

2023Policy

Submission of the United States on the Elements for the Consideration of Outputs Component of the First Global Stocktake

2023UNFCCC

Submission of the United States on the Elements for the Consideration of Outputs Component of the First Global Stocktake, Submission to the Global Stocktake from United States of America in 2023

OJK Regulation No.14 on Carbon Trading (OJK 14/2023)

2023Legislative

Under Law No. 4 on the Development and Strengthening of the Financial Sector, this Regulation establishes the responsibilities of the Financial Services Authority to oversee the implementation of Indonesia's domestic carbon market. It establishes guidelines on the issuance, generation, trading, and monitoring of emissions certificates and offset carbon credits, to be trade...

Targets (11)

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Reduce GHG Emissions by 29% up to 41% by 2030 compared to the BAU scenario in the amount of 2,869 million tonnes of CO2GHG Emissions Reduction by 29% is GHG Emissions reduction target unconditionally in the amount of 834 million tonnes of CO2e.GHG Emissions Reduction by 41% is GHG Emissions reduction target up to 1,185 million tonnes of CO2e, subject to the availability of international cooperation. Economy-wide · Target year: 2030Source: Presidential Regulation No. 98 of 2021 on the Implementation of Carbon Pricing to Achieve the Nationally Determined Contribution Target and Control over Greenhouse Gas Emissions in the National Development
26% cut in GHG emissions, 41% cut in GHG emissions with international assistance by 2020Economy-wide: Economy Wide · Target year: 2020Source: Decree 62/2013 Regarding a Managing Agency for the Reduction of Emission (sic) from Deforestation and Degradation of Forest and Peat lands
26% cut in GHG emissions by 2019 compared with a 2015 baselineEconomy-wide: Economy Wide · Target year: 2019Source: National Medium Term Development Plan 2020-2024 (RPJMN 2020-2024)
Reduce emissions by 26% by 2020 compared to BAU (unconditionally), or by 41% (conditionally)Economy-wide · Target year: 2020Source: Indonesia's REDD+ National Strategy
Primary energy mix consists of greater than 5% biofuel, greater than 5% geothermal, and greater than 5% other new and renewable energies by 2025Energy: Renewable Energy · Target year: 2025Source: Presidential Regulation 5/2006 concerning National Energy Policy

Legislative Process

The Indonesian legal system is based on Roman-Dutch law, custom and Islamic law. The legislature is bicameral and comprises the 560 member House of People’s Representatives (DPR) and the 136 member House of Regional Representatives (DPD). The ensemble of DPR and DPD members forms a third representative body known as the People’s Consultative Assembly (MPR). The DPR and the President jointly discuss and approve every Bill. Bills may come from the DPR, the President or the DPD. A wide range of legislation is produced from different sources and with different levels of authority, so there is a hierarchy of legislation, as follows: the 1945 Constitution; MPR Resolution; Law; Government Regulation Substituting a Law; Government Regulation; Presidential Decree; Regional Regulation. Also binding are Presidential Instructions, Ministerial Decrees and Circular Letters.

The most recent elections for the DPR and DPD were held in April 2014, with the next expected in 2019. The current President was elected in October 2014 and serves a five-year term.