In climate action: resources that have been allocated or may be utilized towards the climate change adaptation and mitigation requirements of the country and its vulnerable communities [Section 3(e), Climate Change Act of 2009, as amended by Republic Act No. 10174; Section 1(f), Climate Change Commission Resolution No. 3, Revised Implementing Rules and Regulations (R-IRR) of Republic Act No. 9729, Otherwise Known as the Climate Change Act of 2009, As Amended By Republic Act No. 10174]
In carbon markets: local, national, or international funding mobilized to support climate change mitigation and adaptation efforts to help countries reduce GHG emissions and build resilience against climate change impacts, pursuant to international climate finance mechanisms, including those under the UNFCCC, the Kyoto Protocol, and the Paris Agreement, and other multilateral environmental agreements [Section 3.4, DOE Department Circular No. DC2025-09-0018, Providing General Guidelines for the Generation, Managements, and Monitoring of Carbon Credits in the Energy Sector]