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Overview
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Description
The LCEIA (Low Carbon Economy Investment Act) provides for a carbon pricing framework covering large and medium emitters in the energy, transportation, industry, agriculture, forestry, and waste sectors. The Climate Change Commission (CCC) would consolidate sectoral decarbonization pathways based on entities' submitted plans and determine annual allowance allocations at both the sectoral and individual levels.
Recent Developments
On June 4, 2025, the Philippine House of Representatives approved on third reading the Low Carbon Economy Investment Act (LCEIA), House Bill No. 11375, during the 19th Congress. The Act was transmitted to the Senate and refiled for the 20th Congress (20252028) as House Bill 2055. On December 10, 2025, the Senate Committee on Climate Change approved it subject to amendment. The LCEIA is now pending Senate deliberation; any differences between the House and Senate versions will be reconciled before submission to the President.
Coverage
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Pricing and Allocation Approaches
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Compliance Approaches
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Relation to Other Compliance CPIs
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Covered Sectors
No eligible activities specified for this instrument.
Covered Emissions
No covered emissions data available for this instrument.
Price
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Government Revenue
No government revenue data available for this instrument.