The Philippines has enormous potential to generate value from a growing class of environmental assets such as carbon credits, biodiversity credits, blue carbon credits, and watershed service units, according to a commentary in BusinessWorld.
As global rules for these markets take shape, the article argues that the country needs policies to be ready for what’s ahead. Without a clear regulatory framework, the Philippines may miss out on opportunities to monetize its natural resources while ensuring conservation outcomes.
Environmental assets represent a new asset class that blends financial returns with ecological benefits. The commentary emphasizes that the timing is critical to establish standards, verify credits, and attract investment, turning conservation into a viable economic sector.