PN 2019-06
Mobilizing Local Governments To Prevent Child Stunting
CSPPS WP No. 2018-01
Policy and Institutional Landscape for Groundwater Management
CSPPS WP No. 2018-02
Introducing Palayamanan in Rainfed Ecosystems Using the CPAR Approach: A Framework of Analysis
CSPPS WP No. 2018-03
Introducing Palayamanan to Rice Farmers in Pamplona, Camarines Sur and Milagros, Masbate through the Climate Field School
Publication Detail
CN2011-04: Mechanisms for Carbon Finance on Reforestation/Some Notes on Credit Rating

This paper presents the prospective of carbon financing in the country through reforestation projects. The issue of climate change calls for immediate government response to mitigate its impacts on both human and environmental systems. One way of mitigating climate change and restoring forest ecosystem is through carbon financing.

Carbon financing can be realized in the country through reforestation efforts. Carbon finance is a market-based instrument where farmers can enhance their income from tree-farming and agroforestry. It is the revenue streams generated by projects from the sale of greenhouse gas emission reductions. However, there is limited information in the Philippines about the development and access to carbon finance for reforestation and afforestation projects.

Moreover, complicated transactions and the absence of clear trading schemes are some of the reasons why carbon financing/trading in the country has not drawn much attention among farmers. Addressing these issues would give farmers the opportunity to engage in carbon financing, providing them with socioeconomic benefits while regenerating forest resources.

Congressional Policy, Budget and Research Department
Authors Keywords
Quieta, John Paul; Mamaril, Eleanor; carbon finance; reforestation; climate change; CDM; forest; green house effects; environment forest management; carbon trading; Fitch Standard & Poor Moodys; key assessment; factors in credit rating credit rating; OPSF; oil prices; Oil Deregulation Law; Department of Energy;
Download PDF Number of Downloads
Published in 2011 and available in the or can be downloaded as full text Downloaded 366 times since October 12, 2015