The Philippines

This initiative will undertake a comprehensive evaluation of the Philippines’ policy landscape and institutional frameworks. The primary objective is to assess their suitability for the adoption of a carbon pricing instrument (CPI). This evaluation will identify gaps and inconsistencies, including potential congruences within the existing policy regime, with a particular focus on their compatibility with the potential issuance of a new policy on carbon tax or an emissions trading scheme. The analysis will encompass relevant existing policies, including national fiscal policy and sector-specific regulations in potentially affected sectors such as power, transport, and industry. Additionally, high-level consideration will be given to planned sector-specific regulations. Notably, the scope of the assessment will cover both of the major CPIs: emissions trading schemes and carbon taxes.

Implementing Partners

NEL Consulting

In partnership with

• Philippines Electricity Market Corporation
• Energy Regulatory Commission of the Philippines: Department of Energy

Strategic Outcome

Strategic Outcome 1: Policy Alignment with Climate Commitments

Project Documents

• Concept Note
• Final Report