This study explored the potential of a forestry carbon project for an indigenous cultural community in the Philippines. Specifically, it assessed the global potential of forestry carbon finance; reviewed the legal and policy environments of forestry carbon projects in the Philippines; and evaluated the feasibility of a forestry carbon project in an Ayta community. The results of the feasibility analysis revealed that developing a forestry carbon project for the Magbukún Ayta of Kanawan, Morong, and Bataan is technically and financially feasible. The Magbukún Ayta have also expressed, in a resolution, that they are amenable to the possibility of being involved in a payment for ecosystem services (PES) project, specifically on the carbon sequestration potential of their forest, making the forestry carbon project socially acceptable.

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Exploring the Forestry Carbon Finance Potential for an Indigenous Cultural Community in the Philippines