Carbon Exchange Registration Fee Exemption Deadline Extended by One Year

First introduced back in 2023 in order to facilitate the operations of carbon exchange operators (Penyelenggara Bursa Karbon– “ PBK ”), the Board of Directors of PT Bursa Efek Indonesia (“ Directors ”) issued Decree No. KEP-00297/BEI/09-2023 on the Regulation of Carbon Exchange Users (“ Decree 297/2023 ”), [1] which came into effect on 20 September 2023. [2] However, to extend the registration fee exemption that Carbon Exchange Users (“ Exchange Users ”) have been enjoying under the framework of Decree 297/2023 in order to encourage more parties to register as carbon Exchange Users, the Directors recently issued Decree No. KEP-00148/BEI/09-2024 , which bears the same title as Decree 297/2023 (“ Decree 148/2024 ”). This new Decree came into effect on 24 September 2024. [3]