The EU and Indonesia commit to work together on environment and climate change issues, such as carbon pricing, or the transition to a low-carbon economy.
Both parties commit to the effective implementation of global environmental and climate agreements, such as the Paris Climate Agreement or the Convention on Biological Diversity. The commitment to remaining a party in good faith to the Paris Climate Agreement is an essential element of the agreement.
Trade remedies are foreseen as a matter of last resort, in case of an on-going breach by a Party of these commitments.
The CEPA has dedicated provisions on the protection of natural resources, including:
Forest conservationConservation and sustainable use of biodiversityCombatting illegal wildlife tradeCombatting illegal logging and related tradeCombatting Illegal, Unreported, and Unregulated (IUU) fishing
The deal will make trade and investment in low-carbon goods, services, and technology easier. This includes zero tariffs on green goods and liberalisation of services and investment sectors of relevance for the green transition, such as renewable energy, and energy-efficient products, from the first day of application of the Agreement.