More lending pushed for RE investments [Philstar]

2022-09-13T09:31:26+08:0012 Sep 2022|Tags: , , , , , , , , , , |

Manila-based climate and energy policy group Institute for Climate and Sustainable Cities (ICSC) has called on the government and banks to provide more lending opportunities for renewable energy investments in the country. The total energy investment requirements indicated in the Philippine Energy Plan (PEP) for the next 20 years are estimated at $153 billion.

Science and arts merge for climate action in Eastern Visayas

2022-08-31T12:11:57+08:0031 Aug 2022|Tags: , , , , , , , , , , , , , , |

LEYTE, August 31, 2022 – Students, teachers, and officials of the Visayas State University (VSU) in Baybay City, Leyte, along with representatives from Eastern Visayas civil society and local governments, joined a two-day learning event held at the school last August 25-26, 2022. Their aim: build climate change resilience in the region through science and the [...]

SE Asia on the hunt for green-shift funds

2022-08-09T10:20:44+08:0029 Jul 2022|Tags: , , , , , , , , |

Southeast Asian countries are tapping the international credit markets to raise funds to help put their economies on a low-carbon path as the threat of climate change becomes more urgent in the region. Analysts say emissions reduction, and the need for financing to help achieve it, has become a pressing issue as extreme weather events such as typhoons, drought and intense heat wreak havoc on the region.

[REACTIVE] New V20 report reveals staggering climate-induced economic losses over last 20 years

2022-06-10T14:49:36+08:0009 Jun 2022|Tags: , , , , , , , , , |

Report underscored emergency need for crisis-level action via loss and damage funding for the most vulnerable economies MANILA, June 9, 2022 – A report released yesterday by the Vulnerable Twenty (V20) Group of Finance Ministers detailed the massive economic damage wrought by climate change on the economies of the V20, representing countries considered the most [...]

Climate change wiped out fifth of vulnerable countries’ wealth over last 2 decades- report

2022-06-10T14:46:39+08:0008 Jun 2022|Tags: , , , , , , , |

V20 Group of 55 economies reinforce demands for international funding for loss and damage Reposted from the V20 Group of Finance Ministers | READ THE STORY HERE BONN, Germany, 8 June 2022 – The V20 Group of Finance Ministers from climate vulnerable economies are calling for the immediate establishment of a separate and dedicated [...]

Make climate finance pro-poor, equitable, and people-centered – Asian countries

2022-06-01T15:19:58+08:0001 Jun 2022|Tags: , , , , , , , , , , , , , , , , , |

BALI, INDONESIA, June 1, 2022 – Governments and civil society groups from South and Southeast Asia signed an agreement to enable inclusive, gender equitable, and human rights-based climate and disaster financing for vulnerable nations. “Worsening climate change impacts, particularly episodic extreme weather events, are threatening no less than the long-term economic viability of developing countries. Climate [...]

Understanding adaptation and risk management practices of the Ifugaos

2022-03-21T14:59:09+08:0021 Mar 2022|Tags: , , , , , , , |

by Danica Marie Supnet Editor’s Note: Danica Supnet is the lead climate policy analyst of ICSC. She was in Ifugao with colleagues from the Climate Finance Team on March 2-4, 2021 to conduct focus group discussions with local stakeholders. The activity is part of the Multi-Actor Partnership (MAP) initiative, aimed at enabling more effective climate and [...]

MAP: protecting communities from climate change impacts

2022-03-10T14:17:08+08:0009 Mar 2022|Tags: , , , , , , , |

by Janssen Martinez Editor’s Note: Janssen Martinez is the lead climate finance analyst of ICSC. He was in Ifugao with colleagues  from March 2-4, 2021 to conduct focus group discussions with local stakeholders. The activity is part of the Multi-Actor Partnership (MAP) initiative, aimed at enabling more effective climate and disaster risk financing and insurance [...]

As new UN report sounds alarm on PH climate impacts: Next president should prioritize climate emergency – ICSC

2022-03-02T17:09:32+08:0002 Mar 2022|Tags: , , , , , , , , , , , , |

MANILA, 02 March 2022 – The United Nations’ latest climate science report released on Monday confirmed that climate change poses an existential threat to the long-term viability of the Philippine economy even as it has already hammered vulnerable communities. Climate change impacts are projected to worsen until world leaders ramp up emissions cuts, climate finance, and [...]

Asian cities search for ways to finance climate projects

2021-11-26T18:24:28+08:0029 Nov 2021|Tags: , , , , |

Underdeveloped municipal bond markets hinder green action, experts say FRANCESCA REGALADO, Nikkei Asia staff writer | November 26, 2021 13:49 JST | READ THE STORY HERE TOKYO -- Closed since the onset of the pandemic, Commonwealth High School in Metro Manila has been making a contribution to the local community of Quezon City through its solar [...]