OJK to Revise Carbon Trading Rule, Targets June Completion

MORE ARTICLES

Ecobiz.asia — Indonesia’s financial regulator, Otoritas Jasa Keuangan (OJK), is preparing to revise its carbon trading regulation and develop a supporting carbon registry system to strengthen the country’s carbon market framework.

OJK Chief Commissioner Friderica Widyasari Dewi said the authority is currently revising OJK Regulation No. 14/2023 on Carbon Trading through the Carbon Exchange, with completion targeted by June 2026.

“OJK is also a member of the Carbon Economic Value Steering Committee. We are currently developing a system that will support a carbon unit registry together with the Indonesia Stock Exchange,” she said during a press briefing at the Ministry of Forestry in Jakarta on Wednesday (April 29, 2026).

Read also:  Indonesia Prepares Hydrogen-Diesel Bus Pilot to Advance Clean Transport

She added that the regulatory adjustment and system development are part of OJK’s support for Presidential Regulation No. 110/2025 on the implementation of carbon economic value and national greenhouse gas emission control.

The initiative also follows the issuance of Forestry Minister Regulation No. 6/2026, which provides an updated framework for carbon trading implementation in the forestry sector.

Read also:  Indonesia Sets Carbon Registry Rules to Strengthen Traceability and Market Integrity

“We will also adjust OJK Regulation No. 14, and, God willing, everything will be completed by June this year. This is part of our support for the President’s program,” Friderica said.

The planned revision and registry system aim to enhance transparency, governance, and integration within Indonesia’s carbon market ecosystem, while ensuring alignment with broader national policies on carbon pricing and emissions reduction.

Read also:  GCF Approves US$9 Million Grant for Indonesia's Coastal Climate Resilience Project

The existing OJK regulation serves as a follow-up to Law No. 4/2023 on Financial Sector Development and Strengthening (P2SK Law), which provides the legal basis for carbon trading through the exchange as part of efforts to control greenhouse gas emissions and develop a domestic carbon market.

Friderica also welcomed the Forestry Ministry’s move in issuing the new regulation, noting that OJK has maintained close coordination with relevant stakeholders, including the Presidential Special Envoy for Energy and Climate. ***

LATEST STORIES

MORE ARTICLES

Indonesia Advances Forest Certification Reform with SVLK–PEFC Combined Audit

Ecobiz.asia – Indonesia's Ministry of Forestry has partnered with the Indonesian Forestry Certification Cooperation (IFCC)/Programme for the Endorsement of Forest Certification (PEFC) to develop...

Backed by Japan’s JCM, Indonesia Breaks Ground on Landmark Waste-to-Energy Project

Ecobiz.asia - Indonesia broke ground on the Legok Nangka waste-to-energy plant in West Java, the country's first waste-to-energy project developed under a public-private partnership...

PLN Pilots Calliandra-Corghum Biomass Project with ITERA to Support Hydrogen Production

Ecobiz.asia -- State electricity firm PT PLN (Persero) has launched a pilot project to develop an integrated biomass and green hydrogen ecosystem by cultivating...

Indonesia Links Transport Decarbonization to Energy Security, Rolls Out Zero ODOL Roadmap

Ecobiz.asia - Indonesia is positioning transport decarbonization as a key pillar of its energy security strategy while rolling out a nine-point roadmap to eliminate...

PLN Expands EV Charging Network as Home Chargers Surpass 92,000

Ecobiz.asia – Indonesia's state-owned electricity company PT PLN (Persero) has significantly expanded the country's electric vehicle (EV) charging infrastructure, with the number of home...

TOP STORIES

PIS Restorasi Terumbu Karang di Bali Barat, Tanam 100 Fragmen dan Edukasi Anak Pesisir

Ecobiz.asia – PT Pertamina International Shipping (PIS) memperkuat upaya pelestarian ekosistem laut melalui restorasi terumbu karang dan program edukasi maritim di Desa Pejarakan, Bali...

Kemitraan Indonesia–Norwegia Tunjukkan Model Baru Diplomasi Iklim Berbasis Kinerja

Ecobiz.asia - Kemitraan Indonesia dan Norwegia dalam perlindungan hutan tropis dan pengendalian perubahan iklim dinilai telah melahirkan model baru kerja sama internasional yang lebih...

Menteri LH Dorong Koperasi Masuk Pasar Karbon: Manfaat Ekonomi Harus Kembali ke Rakyat

Ecobiz.asia – Menteri Lingkungan Hidup/Kepala Badan Pengendalian Lingkungan Hidup (KLH/BPLH), Moh. Jumhur Hidayat, mendorong pembentukan koperasi sebagai pengelola unit karbon di berbagai daerah agar...

Indonesia Advances Forest Certification Reform with SVLK–PEFC Combined Audit

Ecobiz.asia – Indonesia's Ministry of Forestry has partnered with the Indonesian Forestry Certification Cooperation (IFCC)/Programme for the Endorsement of Forest Certification (PEFC) to develop...

PGE Bukukan Laba Bersih Tumbuh 15,48%, Bidik Kapasitas Panas Bumi 1 GW pada 2028

Ecobiz.asia – PT Pertamina Geothermal Energy Tbk (PGE) membukukan pertumbuhan laba bersih sebesar 15,48 persen sekaligus menegaskan komitmennya mempercepat pengembangan panas bumi nasional. Perseroan...