MANILA, Philippines — The Philippines commits to reduce its greenhouse gas emissions by 30 percent by 2040, according to the draft text of the country’s nationally determined contribution (NDC), one of the key components of the Paris climate deal.
Of this effort, only 2 percent, or 185.56 million metric tons (MT) of projected carbon dioxide (CO2) emissions, will be slashed “unconditionally,” or through measures implemented with domestic resources.
This means that the lion’s share of this commitment—some 2.48 billion MT of emissions—is dependent on financial aid and resources from the international community, mainly from industrialized countries considered historically res…
Keep on reading: Paris deal: PH may cut gas emissions by 30%