Carbon Pricing in the Philippines: Paper
The paper reviews the experiences of other governments and applies its own analysis of proposed carbon pricing and carbon market legislation filed in the Philippine House of Representatives under the 20th Congress. Specifically, this paper examines the texts of House Bills (HBs) 1817, 2055, 2481, 3685, 3820, 6407, and 6890, drawing on IISD’s technical submissions to the House Committee on Climate Change and a broader review of related bills filed before the House adjourned on 3 June 2026. The analysis considers factors that typically shape whether carbon pricing and carbon market frameworks work well in practice: whether they reduce emissions, encourage cost-effective decarbonization, remain administratively feasible, maintain support from businesses and the wider public, protect market integrity, and contribute to a just transition.
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