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The carbon conundrum: Hopes and hurdles in Indonesia’s OJK-led trading scheme Keumala, Dinda; Sabirin, Ahmad; Nursantih, Nadia; Almadinatulmunawaroh, Elya; Kadir, Anita
Jurnal Hukum Novelty Vol. 16 No. 1 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26555/jhn.v16i1.28639

Abstract

Introduction to the Problem: Indonesia is one of the world's largest carbon emitters and has good potential for carbon trading. However, several aspects of carbon trading in Indonesia still need to be addressed, including difficulties in carbon value, carbon price setting, market monitoring, and carbon trading infrastructure development. Purpose/Objective Study: The research examines Indonesia’s carbon trading challenges and opportunities in the climate change era. Then, what is OJK's role in terms of carbon trading? Design/Methodology/Approach: The research methods used a normative study by looking at carbon emission trading regulations in Indonesia, as well as a systematic literature review involving researching, reading, analyzing, evaluating, and summarizing scholarly literature. Finding: The study reveals that OJK regulates carbon trading through frameworks like Law No. 4 of 2023 and OJK Regulation No. 14 of 2023, enabling carbon units to be traded as securities with a market potential of US$300 billion per year, supported by Indonesia's forests' carbon sequestration. Key challenges include developing carbon trading infrastructure, mastering emission reduction technologies, effective OJK market surveillance, and enhancing public engagement and transparency. Opportunities include economic growth from foreign investment, promoting sustainable development through renewable energy projects, and integrating with the global carbon market. OJK's role is crucial in regulating and supervising carbon trading, developing market infrastructure, ensuring compliance, building participant capacity, aligning with international standards, supporting climate change mitigation, and fostering international partnerships. Thus, OJK is essential for transparent, fair, and compliant carbon trading, addressing challenges, and leveraging opportunities, supporting Indonesia's net-zero emissions target by 2060 and global climate goals. Paper Type: Research Article
Has Indonesia Safeguarded Traditional Cultural Expressions? Setiyono, Setiyono; Keumala, Dinda; Sabirin, Ahmad; Nursantih, Nadia
Jambura Law Review VOLUME 6 NO. 2 JULY 2024
Publisher : Universitas Negeri Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33756/jlr.v6i2.24106

Abstract

The Government of the Republic of Indonesia recognized the importance of intellectual property in folklore since the 1982 Copyright Law was enacted (Article 10 of Law No. 6/1982). The study seeks to understand what obstacles Indonesia faces in protecting tribal peoples' communal rights over traditional cultural expressions, also called expressions of folklore in the digital age, and how other nations are resolving them. What is Indonesia's plan for developing and safeguarding traditional cultural manifestations in the digital age, as seen from other nations? The study employs a case-based, normative legal research methodology. The findings, an urgent need for specific institutions that control access benefit sharing from usage by foreign parties, as well as a special anti-theft task force for communal intellectual property rights in the digital era that takes the form of a support organization for tribal peoples. To increase cooperation in the inventorying and documentation of Tribal peoples who own collective intellectual property, optimization also calls for coordination of involvement between the federal government, local governments, and autonomous bodies operating under them, such as the Ministry of Tourism, the Creative Economy Agency, and Tribal peoples' organizations.
PENGAWASAN OJK ATAS DATA PRIBADI KONSUMEN PADA PERUSAHAAN PEER TO PEER LENDING Nursantih, Nadia; Ratnawati, Elfrida
UNES Law Review Vol. 5 No. 4 (2023)
Publisher : Universitas Ekasakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31933/unesrev.v5i4.453

Abstract

Peer to peer lending providers require consumer personal data to conduct funding, this is very important to pay attention to the protection of personal data, because in the use of personal data due to the possibility of misuse of user personal data. The government issued a new policy due to problems and issues over the misuse of personal data by issuing and passing Law Number 27 of 2022 concerning the protection of personal data. The formulation of the problem discussed, how is the Legal Protection of Consumers Regarding the Misuse of Personal Data in Peer to peer lending Transactions and the Financial Services Authority Supervision of Peer to peer lending Business Activities related to Consumer Protection of Personal data. Normative writing method, with, descriptive nature of writing, type of data using secondary data, qualitative data analysis. And conclusion making is done with deductive logic. Based on the results of the study, Legal Protection of Consumers regarding Misuse of Personal Data in Peer to peer lending transactions, regulated by Law Number 27 of 2022 and also regulated in POJK 10/2022, the two regulations regulate the prohibitions and obligations of Peer to peer organizers in terms of protection in personal data management and regulate the sanctions obtained in the event of misuse of personal data and POJK No.6/POJK.07/2022 is a form of OJK's efforts in organizing integrated supervision of Peer to peer lending companies.