But the framework’s contribution to Philippine climate ambition remains uncertain, as the country’s updated pledge lacks a 1.5°C-aligned decarbonisation pathway and clarity on how much of its conditional target will be met through carbon markets, says civil society.
Steel slowdown and signals of low-carbon transition in China put Australian ore at a crossroads, as partnerships look to step up green iron development.
The Mindoro Forest and Biodiversity Conservation Programme combines Indigenous forest patrols, ancestral-domain support, carbon monitoring and livelihood projects to protect more than 40,000 hectares (nearly 99,000 acres) of Iraya Mangyan forest.
EB Studio
Despite strong growth in electric vehicle uptake over the past decade, Southeast Asia's transition remains uneven. Solutions such as carbon credits could provide an additional revenue stream to improve project bankability, amid evolving regulations and market demand.