Subic Freeport seeks carbon-neutral status. (Photo: Subic-Clark Alliance)

The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives.

These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more. The goal is to ensure that by the end of 2040, all economic activities will have net-zero carbon emissions, achieved through reductions and offsets, meaning no additional carbon will be released into the atmosphere.