Le norme in materia di commercio di carbonio in ritardo, sottolineate da esperti del settore nelle Filippine
Il governo filippino si sta preparando per pubblicare le regole del commercio di carbonio a metà settembre, con l'obiettivo di raggiungere i suoi vicini del Sud-est asiatico che hanno già fatto significativi progressi in questo campo.
Wilson John Barbon, direttore del paese di Conservation International Philippines, ritiene che i movimenti per finalizzare le regole del commercio di carbonio non siano prematuri. Egli sostiene che le Filippine sono già indietro rispetto ai loro vicini, come la Thailandia, che è diventata il primo paese del Sud-est asiatico a firmare un accordo di commercio di carbonio con Singapore in base all'articolo 6 dell'Accordo di Parigi.
Despite the lack of rules governing their trade, several carbon projects are already up and running in the Philippines. Rose Josol, senior director for climate change and sustainability services at SGV & Co, highlighted this fact. However, she cautioned that projects may have to restart their transactions due to new guidelines.
The government's commitment to global pacts like the Convention on Biological Diversity and additional protections for women and gender ensures that carbon projects in the Philippines are equitable, transparent, and community-benefiting. The Department of Energy (DOE) will be responsible for carbon trading rules in energy transition plans, while the Department of Environment and Natural Resources (DENR) will lead for the agriculture and forestry sectors.
However, the Climate Change Commission (CCC) of the Philippines is responsible for developing carbon credit rules for agriculture and forestry in the Philippines. The DENR has yet to launch carbon credit rules for nature-based carbon removals.
Tom van der Meulen, of carbon credit certification body Control Union Philippines, emphasised the importance of having some standards in place to make projects auditable and comparable. He noted that the current carbon crediting system, while not perfect, provides financial solutions to nature-based projects.
SGV's Josol pointed out that too many metrics, rules of quantification and qualification can alienate many stakeholders, especially communities. She emphasised the need for a balance between regulations and community engagement.
The Philippines is also tapping carbon credits to unlock financing using transition credits, which arise from the emissions reduced through a coal plant's early retirement and replacement with cleaner energy sources. Forest carbon projects in the Philippines require the free, prior, and informed consent of Indigenous People living in the area before approval.
Meanwhile, Malaysia has a voluntary carbon credit trading platform, while Indonesia has established a compliance-based carbon market with emissions trading systems targeting sectors like coal power. Most climate finance globally is channelled into the energy transition, urban decarbonisation, and development, not into protecting forests.
A public consultation on a draft policy for attracting clean energy investments was held by the DOE last month. The new rules set for mid-September will only be applicable to energy transition plans, not for nature-based carbon removals.
As the Philippines moves forward with carbon trading rules, it aims to strike a balance between environmental protection, community engagement, and economic development. The upcoming rules are expected to provide a much-needed boost to the country's carbon market and its efforts to combat climate change.
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