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ARTICLE · 08 DECEMBER 2022

Nationalisation Risk: Will Host Countries Hedge Their Bets Between Article 6 And The Voluntary Carbon Markets?

SSEK Law Firm
SSEK Law Firm
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SSEK Law Firm

SSEK Law Firm

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Different countries are at different stages of the enactment of their domestic legislation to aid in the implementation and delivery of their NDCs.

IndonesiaFinance and Banking

As countries enact domestic legislation to implement their commitments in respect of their Nationally Determined Contributions (NDCs) under the Paris Agreement, it is likely that voluntary mitigation projects will be subject to greater regulation and scrutiny by host countries. In particular, voluntary mitigation or removal projects are likely to face licensing or authorisation requirements as well as restrictions on international transfers of carbon credits or mitigation outcomes.

SSEK's Denny Rahmansyah, Aldilla Stephanie Suwana and Albertus Jonathan Sukardi have contributed to a report looking at the legislative developments for National Frameworks in Indonesia, India and Malaysia.

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