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Expediting Indonesia’s carbon market establishment: A reflective study on Australian Emissions Reduction Fund (ERF)

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As the global climate condition gradually deteriorate in the past few decades, international societies have collectively committed to share climate change as a common problem that needs shared responsibilities from all countries around the world. Starting from UNFCCC, Kyoto Protocol, to Paris Agreement, joint efforts have solidified to call for actions as the temperature of earth’s surface continues to arise, collective strategies have been agreed upon, and one of them is to limit the rise of temperature below 2°C by controlling Greenhouse Gasses (GHG) missions.

Whereas Indonesia is currently in process of establishing a clear market-based mechanism to achieve its NDC target through the enactment of Pepres 98/2021, Australia has set the sail of implementing a voluntary carbon market scheme under the name of Emissions Reduction Fund (ERF) since its inception in 2015. This article aims to identify key takeaways from the implementation of ERF by using a Comparative Policy Analysis method. Among several findings, the author showcases similarities and differences in terms of goals, design, implementation, and outcomes, between the two policies.

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Ketersediaan

2023-0086

Sekdilu 43-2023

Training Materials Repository

Tersedia

Informasi Detail

Judul Seri

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No. Panggil

Sekdilu 43-2023

Penerbit

Jakarta : Kementerian Luar Negeri., 2023

Deskripsi Fisik

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Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

text

Tipe Media

computer

Tipe Pembawa

online resource

Edisi

-

Subjek

-

Info Detail Spesifik

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Pernyataan Tanggungjawab

UPT Sekolah Dinas Luar Negeri

Versi lain/terkait

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