Journal of Judicial Review
Vol. 26 No. 1 (2024): June 2024

Investment Incentives in Environmental Projects in Indonesia: An Analysis of Legal Potentials & Challenges

Harris, Richard (Unknown)
Shahrullah, Rina Shahriyani (Unknown)
Nurlaily, Nurlaily (Unknown)



Article Info

Publish Date
29 Apr 2024

Abstract

Environmental sustainability is an issue that needs serious support, not just from within the exclusive realm of legal environmental protection, but also investment law, which fosters better partnership between the government, local communities, and the private sector. In an effort to promote sustainability, Indonesia can’t solely rely on the prevention of environmental degradation, but also has to constantly seek for ways to navigate around climate change concerns, and strive for innovations that can solve environmental problems, particularly through environmental projects. This research aims to analyze the potential of investment incentives in promoting investments in environmental projects in Indonesia. By using normative legal research method and statutory approach, analysis of this research finds that there is a lack of environmental constitutional will, manifested within the Investment Law, along with the lack of nation-wide regulation support to provide incentives for environmental projects. Analysis of this study suggests that the revision of the Investment Law can help fill the normative gap, along with streamlining nation-wide efforts in realizing Sustainable Development Goals.

Copyrights © 2024






Journal Info

Abbrev

jjr

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

JJR is a journal which aim to publish the manuscripts of high-quality research as well as conceptual analysis that studies in any fields of Law. Articles submitted to this journal discuss contemporary legal discourses in the light of theoretical, doctrinal, multidisciplinary, empirical, and ...