SUBSCRIBE
PROFILE

Rimba Raya Project License revoked by Jakarta Court

The Jakarta Administrative Court has overturned the revocation of the Rimba Raya project's license, potentially allowing the carbon credit project to resume operations.

Share:

Annulation révocation Rimba Raya

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99£/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Jakarta Administrative Court recently overturned the Indonesian government’s decision to revoke the forestry license for the Rimba Raya project, a key development for investors such as Carbon Streaming Corp. This decision paves the way for a possible resumption of project activities, pending any appeal by the Ministry of the Environment and Forests (MOEF). Rimba Raya is one of the world’s largest carbon credit projects. To date, 25.70 million Rimba Raya credits have been retired, representing a significant proportion of nature-based offset credits. These credits have been used by companies worldwide to offset their carbon emissions.

Legal context and challenges

Toronto-based Carbon Streaming acquired Rimba Raya’s credits directly from the project developer. PT Rimba Raya Conservation, the licensee, challenged MOEF’s decision in 2023 to revoke the license, leading to a legal battle. The court ruled on July 11 that the revocation was void, but MOEF has 14 days in which to appeal.
Prior to this decision, an interim order issued on May 16 had suspended the revocation decree, allowing activities to resume for the duration of the appeal.

Implications and uncertainties

Despite this favorable decision, uncertainties persist. For the fiscal year ended March 31, Carbon Streaming had assessed the value of its investment at zero due to the revocation of the license. The company has indicated that it will reassess this value depending on the evolution of the project’s status and Indonesian regulations.
Carbon Streaming had signed a purchase and sale agreement with InfiniteEARTH, but PT Rimba Raya Conservation has since terminated its collaboration with the latter. Verra, the issuer of the credits, has suspended InfiniteEARTH’s account since May, making the future of the credits under the existing agreement uncertain.
Carbon Streaming is currently evaluating all legal options to protect its investment and enforce its contractual rights. Other players in the carbon credits market have also been impacted by this situation.
The Jakarta court’s decision is a crucial milestone for the Rimba Raya project, but many legal and operational challenges remain. Investors and stakeholders are closely monitoring developments to assess the potential impact on their businesses.

  • Popular on energynews.pro
Daiei Sangyo to invest ¥50bn in grid-scale storage and data centres
Utility launches its first H2Gen® hydrogen certification site outside the United States in Korea
Noble posts $21mn loss but secures $740mn in new contracts
Kazakhstan considers swift decision on Lukoil’s local assets
MIT launches Macro, a modelling tool to anticipate energy infrastructure needs
Singapore invests heavily in civil nuclear power and regional energy networks
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
Gabon invests FCFA560bn to regulate its gradual exit from oil
As oil production declines, Gabon is relying on regulatory reforms and large-scale investments to build a new growth framework focused on local transformation and industrialisation.
Cameroon to exempt biofuel equipment from customs duties starting 2026 to boost the sector
Cameroon will adopt a customs exemption on industrial equipment related to biofuels starting in 2026, as part of its new energy strategy aimed at regulating a still underdeveloped sector.
Bolivia allows private fuel imports to address supply crisis
Facing a persistent fuel shortage and depleted foreign reserves, the Bolivian parliament has passed an exceptional law allowing private actors to import gasoline, diesel and LPG tax-free for three months.
Ghana targets $16 billion in oil revenues despite declining production
Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
Kinshasa and Vingroup sign agreement for major urban and energy project
The government of Kinshasa has signed a memorandum of understanding with Vietnam's Vingroup to develop a 6,300-hectare urban project and modernise mobility through an electric transport network.
Rising electricity demand in Texas reshapes ERCOT’s energy mix
ERCOT’s grid adapts to record electricity consumption by relying on the growth of solar, wind and battery storage to maintain system stability.
France increases CEE funding to over €8bn for 2026
The French government will raise the energy savings certificate budget by 27% in 2026, leveraging more private funds to support thermal renovation and electric mobility.
France: Minister Barbut defends an energy mix combining nuclear and renewables
Facing opposition criticism, Monique Barbut asserts that France’s energy sovereignty relies on a strategy combining civil nuclear power and renewable energy.
Brussels renews push to end daylight saving time over energy inefficiency
The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.
UNEP, EU and Japan frame methane: 12% responses, LNG under pressure
Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.
France: MPs approve stricter electricity price controls in budget committee
The Finance Committee has adopted an amendment to overhaul electricity pricing by removing the planned redistribution mechanism and capping producers' profit margins.
Brussels launches seven measures to reduce energy prices in Europe
The European Commission unveils a seven-point action plan aimed at lowering energy costs, targeting energy-intensive industries and households facing persistently high utility bills.
Energy remains a political priority for the European Union in 2026
The European Commission plans to keep energy at the heart of its 2026 agenda, with several structural reforms targeting market security, governance and simplification.
Takaichi secures the LDP–Ishin axis, pro-nuclear, and eases fuel taxation
The new Liberal Democratic Party (LDP)–Japan Innovation Party (Nippon Ishin no Kai) axis combines a nuclear restart, targeted fuel tax cuts and energy subsidies, with immediate effects on prices and risk reallocations for operators. —
No evidence of manipulation found in Germany’s late 2024 electricity price surge
German authorities have ruled out market abuse by major power producers during sharp price increases caused by low renewable output in late 2024.
Mozambique bets on its energy resources to support industrialisation by 2030
A new International Energy Agency report urges Maputo to accelerate energy investment to ensure universal electricity access and support its emerging industry.
Spain burns more gas after its blackout
Increased reliance on combined-cycle plants after the April 28 blackout pushed gas use for electricity up by about 37%, bringing total demand to 267.6 TWh and strengthening flows to France.
The United States Raises Tariffs Against Colombia on Energy and Metals
The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.
Bolivia: Paz prepares energy overhaul, lithium and gas transit reforms
The president-elect outlines a pro-market agenda: gradual reform of fuel subsidies, review of Yacimientos de Litio Bolivianos (YLB) lithium contracts, and monetization of gas transit between Argentina and Brazil, prioritizing supply stabilization.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

START - 99£/year

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.