Claim Missing Document
Check
Articles

International Standards In Green Bond Regulation: A Comparative Study of Indonesia and The Philippines Pranata, Dendy Erdi; Endarto, Budi
Journal of Law, Politic and Humanities Vol. 6 No. 2 (2025): (JLPH) Journal of Law, Politic and Humanities
Publisher : Dinasti Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jlph.v6i2.3062

Abstract

The integration of international legal principles and standards into Indonesian regulations has expanded significantly, particularly within the field of contemporary law. A notable area of development is the regulation of green bonds as a sustainable financing instrument in Indonesia, which is guided by principles formulated by the International Capital Market Association (ICMA) and standards established by the ASEAN Capital Market Forum (ACMF). This study examines how legal frameworks and the legal justification for adopting international standards are applied to green bond regulation in Indonesia and the Philippines. The research adopts a normative legal approach, employing statutory, conceptual, and comparative methods. Its objective is to identify the applicable regulations and to analyze the rationale underlying the incorporation of international principles and standards in green bond governance in both countries. The findings reveal that green bond regulation in Indonesia under POJK 18/2023 and in the Philippines under SEC Memorandum Circular No. 12, Series of 2018, represents a harmonization of ICMA’s Social Bond Principles with the ASEAN Social Bonds Standards. From an international law perspective, the use of ACMF standards is grounded in the Vienna Convention on the Law of Treaties 1986, reflecting a theoretical inclination toward universalist protectionism.
PENTINGNYA SOSIALISASI GERAKAN ANTI NARKOBA DI KALANGAN GEN Z Budi Endarto; Muhamad Chaidar; Lilik Rosita
Prosiding Konferensi Nasional Pengabdian Kepada Masyarakat dan Corporate Social Responsibility (PKM-CSR) Vol 8 (2025): Penguatan Ekonomi Masyarakat Berbasis Ekologis untuk Mencapai Keberlanjutan Menuju Ind
Publisher : Asosiasi Sinergi Pengabdi dan Pemberdaya Indonesia (ASPPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37695/pkmcsr.v8i0.2765

Abstract

Narkoba merupakan salah satu permasalahan serius yang mengancam generasi muda, khususnya Gen Z yang rentan terhadap pengaruh lingkungan dan tekanan teman sebaya. Sosialisasi gerakan anti narkoba menjadi langkah strategis untuk meningkatkan kesadaran dan pengetahuan siswa mengenai bahaya narkoba serta membangun sikap preventif sejak dini. Kegiatan pengabdian kepada masyarakat yang dilakukan oleh dosen dan mahasiswa Universitas Wijaya Putra ini dilaksanakan di SMA Ta’miriyah Surabaya dan SMK Penerbangan Dharma Wirawan 05 Sidoarjo dengan tujuan meningkatkan pemahaman siswa tentang pentingnya peran serta dalam gerakan anti narkoba. Melalui penyuluhan, diskusi interaktif, dan distribusi materi edukatif, diharapkan siswa mampu memahami konsekuensi penggunaan narkoba serta mengembangkan sikap penolakan terhadap narkoba. Hasil kegiatan menunjukkan adanya peningkatan pengetahuan dan kesadaran siswa tentang bahaya narkoba serta pentingnya sosialisasi gerakan anti narkoba sebagai upaya pencegahan sejak dini. Kegiatan ini diharapkan dapat menjadi langkah awal dalam menciptakan lingkungan sekolah yang bebas dari narkoba dan membentuk generasi yang sehat, cerdas, dan berdaya saing.
THE AUTHORITY OF BANK INDONESIA AS A STATE INSTITUTION IN THE DISTRIBUTION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) Lilik Rosita Sari; Budi Endarto
JCH (Jurnal Cendekia Hukum) Vol 10, No 2: JCH (JURNAL CENDEKIA HUKUM)
Publisher : LPPM STIH Putri Maharaja

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33760/jch.v10i2.1257

Abstract

Corporate Social Responsibility (CSR) or Social and Environmental Responsibility (TJSL) constitutes a legal obligation imposed on companies as part of their responsibility toward society and the environment. Normatively, CSR regulation in Indonesia is directed toward limited liability companies, particularly those operating in sectors related to natural resource utilization. However, recent developments have raised legal questions about the implementation of CSR-like programs by Bank Indonesia, an independent state institution. This study employs normative legal research using statute, conceptual, and case approaches. The findings demonstrate that CSR or TJSL obligations are explicitly regulated under Law No. 40 of 2007 concerning Limited Liability Companies, Government Regulation No. 47 of 2012, and the Minister of State-Owned Enterprises Regulation No. PER-05/MBU/04/2021. Conversely, Bank Indonesia is governed by Law No. 23 of 1999 as amended by Law No. 6 of 2009 and is not a corporate entity subject to CSR obligations. From an administrative law perspective, the absence of explicit attribution of authority indicates that the implementation of CSR by Bank Indonesia exceeds its statutory mandate. This study highlights the normative boundaries of administrative discretion and contributes to legal discourse by examining CSR practices within non-corporate state institutions.
Sinkronisasi Regulasi Green Bond Sebagai Pembiayaan untuk Konversi Baterai Kendaraan Listrik di Indonesia Budi Endarto
Jurnal Penelitian Hukum De Jure Vol 24 No 3 (2024): Edisi November
Publisher : Law Policy Strategy Agency, Ministry of Law of The Republic of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30641/dejure.2024.V24.215-228

Abstract

Transportation is still the largest emission-contributing sector in Indonesia. However, the Government has set an aggressive electrification target in the transportation sector if it needs to be balanced with a financing scheme for energy conversion towards battery electric vehicles (BEV). For this reason, BEV conversion industry players should utilize green bond financing schemes. The main issue lies in the need for more alignment between EV conversion industry regulations and financing models for the sector. However, the Government needs to harmonize rules and coordination among sectoral institutions such as the OJK, Ministry of Finance, Ministry of Industry, and Ministry of Transportation. Especially concerning Regulation Number 39 of 2023 regarding the Conversion of Fuel-Powered Motorcycles into Battery-Based Electric Motorcycles, and Minister of Transportation Regulation Number 15 of 2022 regarding Motor Vehicle Conversion to formulate green bonds as an alternative financing option for BEV programs. The method used in this writing is normative legal research of the exploratory type with a statutory and conceptual approach. The result shows that through the synchronization model of green bond financing regulations with the battery electric vehicle conversion regulation and coordination between sectoral institutions, it is expected to accelerate the commitment to realize net zero emission and as an effort to mitigate the energy crisis and reduce fuel energy subsidies in Indonesia.