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DOE sets talks on carbon credit
Manila Bulletin
|August 19, 2025
The Department of Energy (DOE) said the agency is developing a carbon credit policy for the energy sector to attract investments, reduce emissions, and help the country meet its climate goals.
In a statement on Monday, Aug. 18, the DOE said the policy aims to guide energy stakeholders, particularly the private sector, in using carbon credits and preparing for future carbon market mechanisms.
The agency said a dedicated DOE Task Force will coordinate efforts to ensure environmental integrity by promoting projects that genuinely reduce emissions, ensuring transparency in carbon credit generation and trading, and aligning with the Philippines’ commitments under the Paris Agreement.
Dit verhaal komt uit de August 19, 2025-editie van Manila Bulletin.
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