Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

OJK Claims Indonesia Implements Carbon Exchange Faster Than Neighboring Country

26 September 2023 15:54 WIB

TEMPO.CO, Jakarta - The Head of Financial Services Authority (OJK) Mahendra Siregar revealed that the implementation of carbon exchange in Indonesia is faster than its neighboring countries.

"As a comparison, our neighboring country takes 1.5 to 2 years for the regulators to translate carbon exchange completely into a concrete action," he said during the launch of carbon exchange in IDX today, Tuesday, September 26, 2023.

Mahendra stated that Indonesia was able to implement carbon exchange after only eight months. Additionally, according to the OJK head, Malaysia's carbon exchange first transaction took 3 to 4 months after its release. Meanwhile, Indonesia's first carbon trade occurred on the same day as the carbon exchange launched.

Over 99 coal-fired power plants will potentially participate in the exchange, equal to 86% of the total operating coal plants in this country. "We are hoping that coal plants will start conducting carbon exchange transactions immediately this year," he said. 

In addition to power plants, carbon exchange will be participated by the forestry sector, as well as agriculture, waste, mineral and gas, general industry, and marine sectors.

According to Mahendra, Indonesia's carbon exchange will be among the biggest and most important in the world. Mahendra believed this is caused by the volume and variety of carbon traded and its contribution to national and global carbon emissions. "Let's begin the historical and new era today," he said.

Carbon exchange will be conducted gradually in Indonesia, to ensure the quality of carbon units. In the future, the government will implement a carbon tax to support the carbon market.

DEFARA DHANYA PARAMITHA

Click here to get the latest news updates from Tempo in Google News



OJK Says Cybercrime Expected to Cost the World US$8 Trillion.

6 hari lalu

OJK Says Cybercrime Expected to Cost the World US$8 Trillion.

The OJK official Sophia Wattimena said the technology development has brought tremendous opportunities in all aspects.


OJK Says Indonesia's Sharia Banking Industry Still Lacks Competitiveness

9 hari lalu

OJK Says Indonesia's Sharia Banking Industry Still Lacks Competitiveness

OJK Chief Executive of Banking Supervision Dian Ediana Rae explained that the sharia banking industry is still relatively small.


OJK Launches Ethical Guidelines to Artificial Intelligence Use in Fintech Industry

12 hari lalu

OJK Launches Ethical Guidelines to Artificial Intelligence Use in Fintech Industry

OJK along with financial technology (fintech) associations released ethical guidelines on artificial intelligence (AI) use.


OJK Warns Fintech Companies of Sustainability Issues

13 hari lalu

OJK Warns Fintech Companies of Sustainability Issues

OJK warns that sustainability is the main challenge currently faced by the financial technology (fintech) industry.


OJK Projects Eightfold Growth of Indonesia's Digital Economy by 2030

22 hari lalu

OJK Projects Eightfold Growth of Indonesia's Digital Economy by 2030

The Financial Services Authority (OJK) projects that the country's digital economy will grow eight times to reach a value of Rp4,531tn by 2030.


OJK Inks Agreement with ESMA; Allows KPEI to Penetrate EU's Market

23 hari lalu

OJK Inks Agreement with ESMA; Allows KPEI to Penetrate EU's Market

OJK inked an MoU with the European Securities and Markets Authority (ESMA) on the recognition of the PT KPEI as a third-country central counterparty


Cirata Plant Showcases Energy Transition Acceleration, Govt Claims

26 hari lalu

Cirata Plant Showcases Energy Transition Acceleration, Govt Claims

PLTS Cirata will become a showcase of energy transition acceleration, Arifin Tasrif said.


OJK to Release P2P Lending Roadmap This Week

29 hari lalu

OJK to Release P2P Lending Roadmap This Week

OJK will release the roadmap for peer-to-peer lending financial technology (P2P lending) on November 10.


Indonesia Pledges to Combat Money Laundering, Terrorist Financing as FATF 40th Member

38 hari lalu

Indonesia Pledges to Combat Money Laundering, Terrorist Financing as FATF 40th Member

Indonesia officially became the 40th member of the Financial Action Task Force on Money Laundering and Terrorist Financing (FATF).


OJK Pushes for Mandated Insurance Policy Implementation

44 hari lalu

OJK Pushes for Mandated Insurance Policy Implementation

OJK is pushing for the implementation of a mandated insurance policy for the public.