Issuance and Trading of Renewable Energy Certificates (RECs) in the International Market

The DOE has introduced a Renewable Energy Certificate (REC) trading mechanism, enabling Philippine-based renewable energy generators to sell their energy output in international voluntary carbon markets. This initiative allows local renewable energy producers to earn revenue by supplying green power to global buyers, while also positioning the Philippines as a key participant in the international carbon trading system.
https://doe.gov.ph/sites/default/files/pdf/announcements/RECs%20Trading%20Advisory_2024-04-003-SEC.PDF