QUEZON CITY, December 1, 2023 - Leaders in the Philippine energy sector emphasized the pivotal role of renewable energy (RE) hybridization in steering the country’s energy transition agenda during the REalize 2023: Enabling the Just Energy Transition towards Inclusive, Resilient, and Sustainable Development conference held in Makati City on November 28. These leaders stressed the [...]
QUEZON CITY, November 26, 2022 – As renewable energy (RE) technologies have become more efficient and affordable, the reality of energy storage systems (ESS) fills the gap that constrains the increase of RE's share in the power generation mix of the Philippines. With ESS, the variability of RE becomes a non-issue and 24/7 power with renewables [...]
Two years into the COVID-19 pandemic, the private sector is urged to incorporate sustainability and long-term resilience into their business strategies in order to thrive in the new normal while dealing with the current economic challenges, which includes investing in the welfare of their employees, suppliers, and customers.
QUEZON CITY, November 14, 2022 – Businesses and companies in the Philippines weighed in on the savings and positive impacts on the private sector brought by renewable energy through the Department of Energy’s Green Energy Option Program (GEOP), in the first of three webinars of the “Pilipinas: Aspire, Rise, Sustain” series last Friday. The series, which [...]
MAKATI, 12 November 2021 -- Although sustainability has become the core priority of today’s corporate boards, the need for directors to enhance accountability and operationalize environmental, social and corporate governance (ESG) principles in leadership strategies has outpaced performance. For companies looking to establish their presence for the long-haul, this can only pave the way for a [...]
MAKATI, 05 November 2021 -- Corporate directors in the Philippines explored opportunities to accelerate climate action and resilience in coastal communities, as world leaders underscore greater climate action from the private sector in the ongoing climate talks in Glasgow. Business officials were presented with corridors where they could contribute to meeting the country’s Nationally Determined Contribution [...]
MAKATI, 29 October 2021 -- Corporate directors stress the urgency to fast track the energy transition in the country, heeding the Code Red warning issued by the Intergovernmental Panel on Climate Change (IPCC) earlier this year. “Evidence clearly shows even before the pandemic that coal has been intermittent and unreliable. As households and the private sector [...]
by Myrna Velasco | August 25, 2021 | Published by Manila Bulletin | READ THE STORY HERE Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial [...]
by Danessa Rivera | August 23, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines needs to address the policy gap for financing renewable energy (RE) developments to be able to reach its clean energy capacity and energy transition targets as this gap has kept projects from getting to shovel [...]
VIEW EVENT AND RESOURCES PAGE MAKATI, 20 August 2021 -- Banco de Oro (BDO) Capital and Investment Corporation and the Bank of the Philippine Islands (BPI) today called for the shift of financial flows towards the 1.5 degrees Celsius global warming threshold of the Paris Agreement in order to address climate and energy transition [...]