In brief In line with decarbonization trends, Indonesia has set a goal of reducing its greenhouse gas emissions by 31.89% by 2030 (43.2% with international support). It has also stated that it will achieve carbon neutrality by 2060 while remaining highly dependent on natural resources — especially fossil fuels, such as oil and natural gas....Read More

The carbon tax is first introduced through Carbon Pricing Act (CPA) and its accompanying Regulations on 1 January 2019.  In order to support Singapore’s raised climate ambition of achieving net zero emissions by 2050, the CPA (Carbon Pricing (Amendment) Act) had been amended and passed in Parliament on 8 Nov 22.  Legislative amendments to the accompanying Regulations...Read More