Indonesia has taken a significant step toward its climate goals with the introduction of new regulations on Carbon Capture and Storage (CCS). Amid global shifts in environmental policy—especially the U.S.’s withdrawal from the Paris Agreement—Indonesia is positioning itself as a leader in sustainable carbon management. The recently issued MEMR Regulation No. 16 of 2024 provides clear legal certainty for businesses by outlining a comprehensive permit framework for CCS activities, ensuring both environmental protection and economic viability.

In this article, Dentons HPRP lawyers, Fabian Buddy Pascoal (Partner) and Carlos William Rettobjaan (Associate), delve into the key aspects of this new regulation, including the establishment of Carbon Storage Permit Areas, permit requirements, and commercialization opportunities. By providing insights into Indonesia’s evolving CCS framework, they highlight how these developments could shape the country’s energy sector and its international coal trade.

Read the full article here.

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