The Laguna Lake Development Authority (LLDA), the only lake basin management authority in the Philippines, started in 2004 the implementation of the Laguna de Bay Institutional Strengthening and Community Participation Project (LISCOP). This fiveyear undertaking is jointly funded by the World Bank and the Royal Dutch Government from which the LLDA will operationalize its co-management approach. One of the specific objectives of LISCOP is to harness and deepen community involvement in micro-watershed activities through community driven sub-projectssubprojects. One of the components of LISCOP is the Carbon Finance Program (CFP) wherein CDM eligible sub-projects will be identified from among the priority subprojectssub- projects. The preparation is funded through a Japanese Ggrant for Climate Change Initiatives. At present, there are already two CDM-eligible sub-projectssub-projects. These are the reforestation and agroforestry components of the Tanay Micro-watershed Enhancement Project. They fall under the land use, land use change and forestry (LULUCF) smallscale project category of the CDM, having less than 8 kt CO2-e of GHG benefits and focusing on poor watershed communities in the Philippines. The expected GHG benefits were calculated using a high and low scenario. For the project period (2004-2014), the project will have total net carbon benefits of 3,204 tC (11,759 tCO2-e) and 1,424 (5,230 tCO2-e) under the high and low scenarios, respectively. The anticipated Total Emission Reduction Purchase Agreement (ERPA) Value is US$ 31,380 for the low scenario and US$70,554 for the high scenario.
Ano de publicação
2005
Autores
Idioma
English
Geográfico
Philippines
