Institute for Climate and Sustainable Cities PRESS RELEASE QUEZON CITY, March 10, 2026 — The Institute for Climate and Sustainable Cities (ICSC) emphasizes that energy security must not depend on fossil fuels, as rising tensions in the Middle East expose the Philippines’ vulnerability to global fuel price shocks. In a position paper released today, ICSC highlights that accelerating the deployment of renewable energy and modernizing the country’s power system provides a no-regrets strategy to strengthen the country’s energy security. “When global price shocks or supply disruptions occur, we are reminded time and time again of the expensive costs that this [...]