Opportunities and challenges for a carbon market for the Philippine forestry sector
Issue Date
2001
Abstract
The paper discusses the used for carbon market in the Philippines and evaluates the opportunities for Philippine forestry projects to participate in the international and domestic trades for carbon. Under the Kyoto Protocol, developing countries like the Philippines can participate in Clean Development Mechanism (CDM) projects. However, there is no certainty yet whether land use change and forestry (LUCF) projects will qualify under CDM. The paper argues that a domestic carbon market can be created since the legal bases already exist through the Environmental Impact Statement (EIS) system and the Philippine Clean Air Act of 1999. It is proposed that the forestry sector work vigilantly for the inclusion of forestry projects as a way of mitigating negative environmental impacts and gaining emission credits. Prospective participants in the forestry sector are private land tree plantation growers, holders of Integrated Forest Management Agreement IFMA) , Socialized Industrial Forest Management Agreement (SIFMA), Community-Based Forest Management Agreement (CBFMA), indigenous peoples, and local governments, among others.
Source or Periodical Title
Journal of Environmental Science and Management
ISSN
0119-1144
Volume
4
Issue
1-2
Page
14-28
Document Type
Article
College
School of Environmental Science and Management (SESAM)
Frequency
annually
Physical Description
graphs, tables
Language
English
Recommended Citation
Calderon, Margaret M., "Opportunities and challenges for a carbon market for the Philippine forestry sector" (2001). Journal Article. 4273.
https://www.ukdr.uplb.edu.ph/journal-articles/4273