​​Carbon Market Opportunity Assessment​

institutional capacity strengthening support in the Philippines. The Philippines has committed to an ambitious Nationally Determined Contribution (NDC), targeting a 75% reduction and avoidance of greenhouse gas emissions by 2030. Achieving this target will require significant international suppo

rt, strengthened institutional capacity, and the mobilisation of climate finance to accelerate mitigation action across priority sectors. Carbon markets are increasingly recognised as a potential mechanism to unlock climate finance and s