The Philippines can either attract $20 billion in renewable energy investments over the next 10 years, or be left with $20 billion of stranded [coal] assets, IEEFA energy finance analyst Sara Jane Ahmed said on ANC’s Dateline Philippines on March 6, 2020. (Reporting from Dateline Philippines/ ANC)
By Viking Logarta & Sara Jane Ahmed
Yes to the first, and a nuanced no to the second.
President Duterte said in his State of the Nation Address last year: “We recognize the urgent need to ensure the sustainability and […]
TOKYO — Japanese Prime Minister Shinzo Abe wants to burnish his green credentials.
Japan, he said, will exercise “firm leadership” on climate change at the Group of 20 summit in Osaka this week, with a focus on “disruptive innovation” that […]
10 May 2019 — The cloud of uncertainty that hovered over stakeholders in the power sector was lifted by the Supreme Court (SC) decision on the competitive procurement of power supply by distribution utilities, mainly for residential ratepayers, last May 3. The aims and expected results of that decision are to […]
Isabella Ann Mendoza
Editor’s Note: ICSC in cooperation with the Climate Change Commission, Visayas State University’s Institute for Strategic Research and Development Studies, and Action for Economic Reforms, organized a forum entitled “Shifting Financial Flows to Low Carbon Development in Eastern Visayas” in […]
(As published in the Manila Bulletin, 13 February 2019)
By Ellalyn De Vera-Ruiz
Former United Nations climate chief Christiana Figueres is expected to arrive in the Philippines Wednesday evening as part of an Asian tour to draw in more transformative climate investments in the region.
Figueres, the architect of the Paris climate agreement […]
MANILA, 12 October 2017 – The Philippine’s financial sector is massively exposed to the imminent stranding of proposed coal plants in the country, which amount to over 10,000 megawatts or US$21 billion (PHP1.05 trillion at PHP50 to US$1), according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) […]