Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City, Metro Manila 
NINETEENTH CONGRESS 
Second Regular Session 
House Bill No. ___________ 
INTRODUCED BY REPRESENTATIVE JOSE “BONG” J. TEVES, JR. 
AN ACT 
REQUIRING BUSINESS ENTITIES WITH ASSETS AT LEAST ONE HUNDRED 
MILLION PESOS (PHP 100,000,000.00) TO PLANT TREES EQUIVALENT TO 
THEIR CARBON EMISSION  
EXPLANATORY NOTE 
Climate change in the Philippines poses significant challenges and risks due to its 
geographical location and susceptibility to natural disasters. To address these challenges, the 
Philippines government has been implementing various adaptation measures, one of which is 
reforestation. 
Climate change and reforestation in the Philippines are closely intertwined, as 
reforestation plays a crucial role in mitigating impacts of climate change. Healthy forests are 
better able to withstand the impacts of climate change, such as increased temperatures, 
changing precipitation patterns, and the spread of diseases. Overall, reforestation is critical 
component of climate change mitigation and adaptation strategies in the Philippines. Continued 
investment in reforestation efforts is essential to address the complex challenges posed by 
climate change and promote sustainable development in the country. 
This proposed measure therefor seeks to require large-scale businesses with assets at 
least one hundred million pesos (PHP 100,000,000.00) which create large emissions of carbon 
dioxide to engage in reforestation. Requiring them to plant trees based on carbon emissions. 
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This involves calculating the overall amount of carbon dioxide emitted by business entities and 
then planting trees to absorb the equivalent amount of carbon dioxide from the atmosphere.  
This proposed measure offers a tangible way to mitigate the impacts of climate change 
by sequestering carbon dioxide emitted by large-scale businesses from the atmosphere. This 
will also encourage the efficient use of energy, conversion to solar and renewable sources, the 
greening of the environment, and slow down or offset deforestation. 
This is also in consonance with Section 16, Article II of the 1987 Constitution which 
provides the State shall protect and advance the right of the people to a balanced and healthful 
ecology in accord with the rhythm and harmony of nature. 
In view of the foregoing, the passage of this measure is earnestly sought. 
HON. JOSE “BONG” J. TEVES, JR. 
    Deputy Majority Leader 
  Representative, TGP Party-List 


Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City, Metro Manila 
NINETEENTH CONGRESS 
Second Regular Session 
House Bill No. ___________ 
INTRODUCED BY REPRESENTATIVE JOSE “BONG” J. TEVES, JR. 
AN ACT 
REQUIRING BUSINESS ENTITIES WITH ASSETS AT LEAST ONE HUNDRED 
MILLION PESOS (PHP 100,000,000.00) TO PLANT TREES EQUIVALENT TO 
THEIR CARBON EMISSION 
Be it enacted by the Senate and the House of Representatives of the Philippines in 
Congress assembled:  
SECTION 1. Short Title. – This Act shall be known as the “Corporate Carbon 
Offsetting Act”  
SECTION 2. Declaration of State Policy. – In line with Section 16, Article II of the 
1987 Constitution, it is hereby declared as policy of the State to protect and advance the right 
of the people to a balanced and healthful ecology in accord with the rhythm and harmony of 
nature by providing carbon emissions offsetting. 
SECTION 3. Coverage. – Large scale business entities with assets at least one hundred 
million pesos (PHP 100,000,000.00) shall be covered by the provisions of this Act. Covered 
entities are required to plant trees equivalent to carbon dioxides emitted based on the formula 
provided for by the Department of Environment and Natural Resources (DENR).  
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SECTION 4. Role of the Department of Trade and Industry. – The Department of 
Trade and Industry (DTI) shall identify and provide a list of business entities with at least one 
hundred million pesos (PHP 100,000,000.00) in assets to be covered under this Act. 
 
SECTION 5. Role of the Department of Environment and Natural Resources and 
Department of Energy. – The Department of Environment and National Resources (DENR) 
in coordination with the Department of Energy (DOE) shall, based on the list of covered entities 
provided by the DTI, compute for the carbon emissions created by large scale business entities 
and formulate the required number of trees to be planted equivalent to carbon footprint per type 
and amount of power and the amount of carbon capture per type of tree. Power coming from 
renewable sources such solar energy and from solar energy providers shall be excluded in the 
computation.  
 
SECTION 6. Implementing Rules and Regulations. – Within sixty (60) days from 
the effectivity of this Act, the DTI, DENR, and DOE shall issue the implementing rules and 
regulations to effectively carry out the provisions of this Act.  
 
SECTION 7. Separability Clause. – If any part or provision of this Act shall be 
declared unconstitutional or invalid, the other provisions hereof which are not affected thereby 
shall continue to be in full force and effect. 
 
SECTION 8. Effectivity Clause. – This Act shall take effect fifteen (15) days after its 
publication in the Official Gazette or in a newspaper of general circulation.  
 
Approved,