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DTSTART:20230101T000000
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DTSTART;TZID=Asia/Jakarta:20241010T090000
DTEND;TZID=Asia/Jakarta:20241010T120000
DTSTAMP:20260430T191037
CREATED:20240921T175728Z
LAST-MODIFIED:20241007T160534Z
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SUMMARY:Impact of Indonesian regulatory framework on the structuring of ERPAs
DESCRIPTION:Objectives\nThis workshop will delve into ERPAs and share knowledge and understanding of regulatory frameworks impacting the ERPA in the Indonesian context. \nBackground\nEmission Reduction Purchase Agreements (ERPA) serve as legally binding contracts facilitating the delivery of verified carbon credits from one party to another. These agreements lay the foundation for carbon trading and include pre-negotiated terms around the reduction of greenhouse gas (GHG) emissions. A critical aspect of ERPAs is that the contract binds both parties to specific commitments\, including the volume of emissions reduced\, the financing terms\, and performance metrics that trigger payments. Usually\, ERPAs cover multiple years and payments are made at regular intervals based on verified and reported outcomes. This can also be seen in Indonesia\, where the Ministry of Environment and Forestry has signed an Emission Reduction Purchase Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF)\, opening up the opportunity for Indonesia to receive USD 110 million and reduce 22 million tons of CO2e. Given the long-term nature and binding nature of these agreements\, it is essential to understand more about the structure of ERPAs from legal perspectives. \nSpeakers\n\nPatia Chairunisa\, Associate\, UMBRA Strategic Legal Solutions\nMichelle Angely\, Associate\, UMBRA Strategic Legal Solutions\nSarfina Adani\, Consultant\, Neyen\n\nAgenda\n09.00 – 09.30 Registration and coffee\n09.30 – 09.35 Welcoming remarks\, Sarfina Adani\, Neyen\n09.35 – 09.50 ERPA Introduction\, Sarfina Adani\, Neyen\n10.00 – 10.30 Impact of Indonesian regulatory framework on structuring of ERPA\, Patia Chairunisa & Michelle Angely\, UMBRA\n10.30 – 11.15 Q&A\n11.15 – 11.20 Closing and photo session\n11.20 – 12.00 Networking session \nWhen and where?\n10th October\, 09:00 – 12:00 WIB \nWeWork Revenue Tower – 25th Floor\, Meeting Room 25A \nPlease note\, this is an in-person only event. \nWho is this for?\nThis workshop is intended for private sector Project Developers based in Indonesia\, government officials\, CSOs\, and Industry who are interested in participating in the carbon market or represent local communities with an interest in the Indonesian Carbon Market.
URL:https://infuse.neyen.io/event/carbon-market-workshop-9/
LOCATION:WeWork Revenue Tower – 25th Floor\, Room 25A\, Scbd\, Jl. Jenderal Sudirman No.52-53\, RT.5/RW.3\, Senayan\, Jakarta\, 12190
CATEGORIES:Carbon Markets
ATTACH;FMTTYPE=image/jpeg:https://infuse.neyen.io/wp-content/uploads/2024/09/workshop-9-banner-web.jpg
ORGANIZER;CN="Neyen":MAILTO:info@neyen.io
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