sO. INDONESIA CARBON TRADE ASSOCIATION PQ sosvstrrtnrcascas ieartos INDONESIA . Jakarta, 27 Februari 2024 Number 004IDCTA/SUP IIE: Attachment: Event Rundown, Guest List Subject ICAO CORSIA ~ Fligible Emissions Linits Socialization Participants Invitation To whom it may concern Sir/Madam (Attached Guest List) Dear Sir / Madam. Addressing greenhouse gas emissions has become a global priority, especially in the aviation sector. In response to this global concern, the International Civil Aviation Organization (ICAO) has launched the Carbon Offsetting and Reduction Scheme for Intemational Aviation (CORSIA), a worldwide initiative requiring airlines to offset their CO2 emissions above a predetermined baseline. CORSIA is designed to accelerate the sustainable reduction of CO2 emissions from international flights, The scheme commenced its pilot phase in 2021, with offsetting obligations scheduled to begin at the end of 2024. The implementation of CORSIA will bring significant changes to the aviation and carbon industries. Therefore, the Indonesia Carbon Trade Association (IDCTA), in collaboration with the Directorate General of Civil Aviation of Indonesia and PwC Indonesia, intends to organize a discussion and information-sharing event through the “Workshop: Socialization of [CAO CORSIA ~ Eligible Emissions Units”, scheduled for: Day & Date Monday, 18 March 2024 Time 09:00 - 15:00 Jakarta time Place PwC Indonesia, World Trade Center 3, 42" Floor, JL, Jenderal Sudirman No.5, Kelurahan Karet Kuningan, Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12920, Therefore, we invite you to be a Participant in this event, Please register via the following link: hips. /forms.gle SyuGLdatHkeY Sj? We extend our gratitude for your attention and anticipated attendance. Best regards Indonesia Carbon Trade Association yr Cary $ 8 yp *% "e Dr. Riza Suarga Chairman6 aa INDONESIA CARBON TRADE ASSOCIATION () ASOSIASI PERDAGANG.AN KARRON INDONESIA Guest List on of ICAO CORSIA — Eligible Emissions U Monday. 18 March 2024 Workshop: So Directorate of Airworthiness and Aireraft Operation Indonesia Carbonite Pte Lid GAIT Global Pte Ltd Indonesia Commodity & Derivative Exchange PT Bank Rakyat Indonesia Tbk PY Biru Karbon Nusantara PY CarbonX Bumi Harmoni PT Energy Management Indonesia PT Gree Services Indonesia PT Life Cycle Indonesia PT Pagatan Usaha Makmur PT Pertamina Power Indonesia PT PNZ Nusantara Indonesia PY Thryve Earth Indonesiasf. one Workshop: So e 08.30 - 09.00 09.00 - 09.30 09.30 10.15 INDONESIA CARBON TRADE ASSOCIATION ASOSIASI PERDAGANG.AN KARRON INDONESIA Event Rundown tion of ICAO CORSIA — Eli Monday, 18 March 2024 Agenda Preparation and Registration Opening Remark IDCTA Welcoming Remark PwC Photo Session Overview CORSIA: CORSIA Design Element and Implemention in Indonesia 10.15 = 10.30 Qn and discussion 10.30— 11.45 CORSIA emission unit: Criteria, Report, Verification, and Cancellation ICAO Technical Advisory Body (TAB) 1145-1215 | QnA and discussion 12.15 13.30 13.30 14.15 Break Application of CORSIA Eligible Unit Program and Project 14.15 14.45 | Discussion: Development of CORSIA Eligible Unit Program and Projeet in Indonesia 14.45 15.00 ClosingIDCTA* pc TERMS OF REFERENCE Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Workshop: Socialization of ICAO CORSIA — Eligible Emissions Units An initiative by Indonesia Carbon Trade Association (DCIA), Directorate General of Civil Aviation (DGCA) Indonesia, and PC Indonesia 1. Background: nization (ICAO) has a Long-Term Global Aspiration Goal (TAG) target for Intemational Aviation to achieve net-zero carbon emissions collectively by 2050 from international aviation activities through three main baskets of measures to improve technolo; alternative fuels. The International Civil Aviation Org 2y. improve operations, utilize The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is CORSIA is the first global market-based measure for any sector and represents a cooperative approach that moves away from a “patchwork” of national or regional regulatory initiatives. It offers a harmonized way to reduce emissions from international aviation, inimizing market distortion, while respecting the special circumstances and respective capabilities of ICAO Member States, CORSIA complements the other elements of the basket of measures by offsetting the amount of CO2 emissions that cannot be reduced through the use of technological improvements, operational improvements, and sustainable aviation fuels with emissions units from the carbon market As one of the ICAO member countries. Indonesia has officially supported the CORSIA program through Working Paper (WP) 211 which was presented by the Minister of Transportation at the 39th ICAO Assembly meeting in 2016, On this occasion, Indonesia stated to voluntarily commit to implementing CORSIA from the pilot phase in 2021, while the Monitoring, Verification and Reporting (MRV) has been carried out since 2019 and 2020. It is estimated that the implementation of CORSIA offsetting req airlines will begin in early 20: ements by S for the pilot phase period (2021-2023) depend on the sectoral growth of international flight activity (Sectoral Growth Factor) and the emissions produced by the airlines each year compares to the emissions baseline in 2019 in accordance with the provisions of [CAO Annex 16 Volume IV On December 18-19, 2023, in Putrajaya, Malaysia, a Regional Technical Meeti Ilwas held on "Carbon Markets and Emission Units that Meet CORSIA Requirements," organized by the Malaysian CORSIA Working Group in collaboration with the European Aviation Safety Azeney (EASA) and invites aviation authorities and relevant stakeholders in the ASEAN Region to discuss opportunities for providing CORSIA-compliant units in the ASEAN carbon market. DICA Indonesia also invited the Indonesia Carbon Trad (IDCTA), IDX C participate in this activity ation, 1 Associ bon and CORSIA verification institutions in Indonesia to Following up on this, IDCTA together with the Directorate General of Civil Aviation (DGCA) Indonesia, agreed to hold this socialization workshop on ICAO CORSIA Eligible Emission Units. This workshop targeted the project developers in Indonesia and other related stakeholders to ensure a comprehensive understanding of the CORSIA scheme and CORSIA eligible unit to encourage the development of emission units, especially those that can be utilized by national and international airlines for the CORSIA scheme. Event Details: © Format: In-Person Place: PwC Indonesia, World Trade Center 3, 42nd Floor, JI. Jenderal Sudirman No.5, Kelurahan Karet Kuningan, Keeamatan Setiabudi, Kota Jakarta Selatan Daerah Khusus Ibukots Jakarta 12920, © Date: Monday, 18 March 2024 Agenda Monday, 18 March 2024 ‘Time Agenda 08,30 - 09,00 | Preparation and Registration 09.00 -09.30 | Opening Remark IDCTA Welcoming Remark PwC Photo Session 09.30 10.15 | Overview CORSIA: CORSIA Design Element and Implementasi in Indonesia 10.15 10.30 | QnA and discussion 1030-1145 CORSIA emission unit: Criteria, Report, Verification, and Cancellation ICAO Technical Advisory Body (TAB) L145 12.15 | QnA and discussion 1215-1330 | Break 13.30—14.15 | Application of CORSIA Eligible Unit Program and Project 14.15 — 14.45 Discussion: Development of CORSIA Eligible Unit Program and Project in Indonesia LMS 15.00 | Closing