Event: ADB Data Room: Regional Flyway Initiative Nature Credits Country Case Study: Philippines 01 May 2026 View File The Philippines shows emerging potential for nature credits, supported by policies but lacking a dedicated legal framework and institutional coordination. Demand from large corporations and local communities exists, with sites like Tubbataha Reef and Zamboanga Sibugay Wetlands promising. Gaps include governance, ecological baselines, social equity, and legal clarity, requiring phased development and strengthened stakeholder engagement. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Climate Change Environment Social Development and Protection Urban Development