Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia

Since climate change poses a significant global risk, the Indonesian government has introduced numerous regulations in line with its National Determined Contribution (NDC) goals. Aligned with the objectives of the Paris Agreement, Indonesia recently initiated a carbon trading system anticipated to f...

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Main Author: Kristianto
Format: Article
Language:English
Published: Universitas Brawijaya 2024-01-01
Series:Jurnal Pembangunan dan Alam Lestari
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Online Access:https://jpal.ub.ac.id/index.php/jpal/article/view/578
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author Kristianto
author_facet Kristianto
author_sort Kristianto
collection DOAJ
description Since climate change poses a significant global risk, the Indonesian government has introduced numerous regulations in line with its National Determined Contribution (NDC) goals. Aligned with the objectives of the Paris Agreement, Indonesia recently initiated a carbon trading system anticipated to fulfill the nation's NDC. Researching the legal framework is crucial for the continuous improvement and implementation of Indonesia’s carbon market, given its novelty and the challenges that must be addressed. Addressing climate change through carbon trading is integral to Indonesia's environmental protection and management strategies, reflecting a deliberate endeavor towards sustainable development. Nonetheless, to realize zero emissions, comprehensive research on the Carbon Market is essential to ensure its alignment with Indonesia's Environmental Protection and Management Law and to bolster the Sustainable Development Goals. This research paper utilizes normative legal studies to explore carbon trading within the legal framework based on Environmental Law policies. Adopting a similar approach to developing Indonesia's Environmental Law since 1982, it is anticipated to bolster the successful implementation of a carbon market in Indonesia aimed at reducing the nation’s carbon emissions and fulfilling its Nationally Determined Contribution (NDC).
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spelling doaj-art-407be4eac3884ef38be8f914af122c502025-08-20T02:25:39ZengUniversitas BrawijayaJurnal Pembangunan dan Alam Lestari2087-35222338-16712024-01-011513136https://doi.org/10.21776/ub.jpal.2024.015.01.05Carbon Market within the Framework of Environmental Protection and Management Policies in IndonesiaKristianto0Atma Jaya Catholic University of Indonesia, JakartaSince climate change poses a significant global risk, the Indonesian government has introduced numerous regulations in line with its National Determined Contribution (NDC) goals. Aligned with the objectives of the Paris Agreement, Indonesia recently initiated a carbon trading system anticipated to fulfill the nation's NDC. Researching the legal framework is crucial for the continuous improvement and implementation of Indonesia’s carbon market, given its novelty and the challenges that must be addressed. Addressing climate change through carbon trading is integral to Indonesia's environmental protection and management strategies, reflecting a deliberate endeavor towards sustainable development. Nonetheless, to realize zero emissions, comprehensive research on the Carbon Market is essential to ensure its alignment with Indonesia's Environmental Protection and Management Law and to bolster the Sustainable Development Goals. This research paper utilizes normative legal studies to explore carbon trading within the legal framework based on Environmental Law policies. Adopting a similar approach to developing Indonesia's Environmental Law since 1982, it is anticipated to bolster the successful implementation of a carbon market in Indonesia aimed at reducing the nation’s carbon emissions and fulfilling its Nationally Determined Contribution (NDC).https://jpal.ub.ac.id/index.php/jpal/article/view/578carbon marketenvironmental lawindonesia perspectivesustainable developmentsdg’s
spellingShingle Kristianto
Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
Jurnal Pembangunan dan Alam Lestari
carbon market
environmental law
indonesia perspective
sustainable development
sdg’s
title Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
title_full Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
title_fullStr Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
title_full_unstemmed Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
title_short Carbon Market within the Framework of Environmental Protection and Management Policies in Indonesia
title_sort carbon market within the framework of environmental protection and management policies in indonesia
topic carbon market
environmental law
indonesia perspective
sustainable development
sdg’s
url https://jpal.ub.ac.id/index.php/jpal/article/view/578
work_keys_str_mv AT kristianto carbonmarketwithintheframeworkofenvironmentalprotectionandmanagementpoliciesinindonesia