Philippine forest lands have a great potential to sequester and store carbon. Here we present proposed climate-change mitigation projects in the Philippines through carbon sequestration, including current buyers and sellers. Two organizations are relatively advanced in developing sinks projects: the Laguna Lake Development Authority - Tanay and Conservation International Philippines. The former’s main proponents/sellers are the Municipality of Tanay and the Laguna Lake Development Authority. Farmers from the Tanay watershed are the implementers. The 2004-2014 project period envisions total net carbon benefits of 3,204tC (11,759 tCO2-e) and 1,424tC (5,230 tCO2-e) under the high and low scenarios, respectively. The low scenario anticipates a Total Emission Reduction Purchase Agreement value of US$31,380; US$70,554 for the high scenario. The Conservation International project is expected to sequester a total of 512,000tC for 30 years, most of which will come from the reforestation component. No buyer has yet been identified.
Publication year
2005
Authors
Pulhin F B; Banaticla M R N; Lasco R D
Language
English
Keywords
carbon, carbon sequestration, tropical forests
Geographic
Philippines
