1. Climate Finance and Carbon Finance: The Development Bank of the Philippines Experience

17. Carbon Market $$$ DBP Carbon Account DBP as CDM Project Consolidator and Managing Entity CPAs under PoA Y composed of Proj 1 Proj 2 Proj n CPAs under PoA Z composed of Proj 1 Proj 2 Proj. n PoA Z (with aggregated CER gen. of 25,000 tons/annum) CPAs under PoA X composed of Proj 1 Pronj 2 Proj n PoA X (with aggregated CER gen. of 25,000 tons/annum) MOA covering registration assistance and sharing of proceeds CER Trading Pro-rated Distribution of CER Sales to Project Owners MOA covering registration assistance and sharing of proceeds MOA covering registration assistance and sharing of proceeds CERs PoA Y (with aggregated CER gen. of 25,000 tons/annum) CERs CERs DNA/ CDM Executive Board CDM Approval/Registration Distribution of Share of CER Proceeds (Peso)

20. Year Award 2010 ADFIAP, Environment Award for Rural Power Project ADFIAP, 1 st Sustainable Development Report 2005 - 2008 “ A” Grade for Energy Conservation Program given by the Office of the President, Department of Energy Efficiency and Conservation Program in Government Buildings 2006 ADFIAP, Most Outstanding Environmental Development Project for the DBP Forest Project 2003 ADFIAP, Technology Development Award 2002 ISO 14001 Certification of DBP’s Environmental Management System by the SGS Switzerland SA. This made DBP the first Philippine Bank to be EMS certified. 2001 ADFIAP, Environmental Development Award for DBP’s Environmental Management System Asian Banking Awards, New and Renewable Energy Financing Program 2000 World Bank Recognition of Excellence for DBP’s LGU Urban Water and Sanitation Program 1999 4 th Asian Banking Awards, Environmental Program Category

21. THANK YOU MARIA ANA VISITACION M. DOMINGO Assistant Vice President Development Bank of the Philippines Makati Avenue corner Senator Gil Puyat Avenue, Makati City Telephone No. - +632 8934912 Email – mavmdomingo@dbp.com.ph