Carbon Exchange User Obligations Introduced: Non-Compliance to Be Subject to the Imposition of Sanctions

PT Bursa Efek Indonesia (“ BEI ”), as the party that has secured a business license to operate as a Carbon Trading Organizer (“ Organizers ”), has already introduced various legal frameworks that specifically address the implementation of carbon trading, including the recently issued Decree of the BEI Members of Board of Directors No. KEP-00297/BEI/09-2023 (“ Decree 297/2023 ”) on the Regulation of Carbon Exchange  Users (“ Exchange Users ”), which has been in force since 20 September 2023.