DOF, other V20 finance ministers call for global finance reforms to manage debt, climate impacts

2022-10-19T15:29:56+08:0019 Oct 2022|Tags: , , , , , , , , , , , |

WASHINGTON DC, 19 October 2022 – At the recently held annual meetings here of the International Monetary Fund (IMF) and World Bank, the Vulnerable 20 Group of Finance Ministers (V20) called for debt restructuring and other global financing reforms to help them manage the economic threats of both debt and climate change. The Philippines was the founding chair of the V20 in its establishment in 2015.

Diokno, Legarda tell executives to factor in climate risk in corporate strategy

2020-10-30T15:13:02+08:0030 Oct 2020|Tags: , , , , , , , , , , , , |

MAKATI CITY, 30 October 2020 -- Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno and House deputy speaker Loren Legarda challenged executives to integrate the physical and transition risks brought about by climate change in their planning and decision-making. “The financial sector holds a unique position in advancing the sustainability agenda. We cannot leave climate [...]

ICSC lauds DOE moratorium on new coal plants

2020-10-28T15:17:55+08:0028 Oct 2020|Tags: , , , , , , , |

28 October 2020 — The Institute for Climate and Sustainable Cities applauds and fully supports Department of Energy (DOE) Secretary Alfonso Cusi’s announcement yesterday of a moratorium on new coal plants. Atty. Pedro H. Maniego Jr., senior policy advisor of the Institute for Climate and Sustainable Cities, chairman of the Energy Lawyers Association of the Philippines, [...]

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