Just in time for COP26 in Glasgow, the President passed the long-awaited Presidential Regulation No. 98 of 2021 on the Implementation of Carbon Economic Value for the Achievement of Nationally Determined Contribution Target and Greenhouse Gas Emission Control in National Development. Reg. 98 revokes two prior regulations relating to GHG.
On 5 October 2020, the Parliament approved the job creation law (RUU Cipta Kerja, commonly known as the “Omnibus Law”), which introduces key amendments to several sectors, including the environment and forestry sectors by amending Law No. 32 of 2009 on Environmental Protection and Management (“Environmental Law”) and Law No. 41 of 1999 on Forestry (“Forestry Law”)[1].
[1] The Omnibus Law also amends Law No. 18 of 2013 on Prevention and Eradication of Forest Destruction in relation to certain adjustments regarding sanctions for various violations in forest areas.