The Philippines has adopted a national strategic framework to transform the country into a high-integrity investment destination for forest carbon to unlock the economic value of its natural sinks while meeting climate goals.
Department of Environment and Natural Resources Secretary Raphael Lotilla issued a department administrative order adopting the Philippines’ Roadmap to Readiness in the Voluntary Forest Carbon Market for 2026 to 2030.
Developed with technical support from the United Nations Development Programme, the roadmap seeks to ensure forest restoration initiatives support the nation’s climate goals under its nationally determined contributions and promote sustainable livelihoods for local communities.
The administrative order mandates the implementation of four priority areas through 2030 to ensure a robust market.
These include creating a policy framework to harmonize rules governing forest assets and carbon rights, as well as developing digital infrastructure such as a National Forest Monitoring System to prevent double counting of credits.
