[EDITORIAL] We need assurance of stable power supply on election day
by MANILA BULLETIN | April 8, 2022 | READ THE STORY HERE Every election cycle, voters and groups are up in arms to raise concerns about our country’s power supply. They fear that fraud, hacking, or cheating may happen if there will be a shortage in electricity during the May 9 national elections. And in a hotly contested election such as this one, a brownout is the last thing that our country needs. With this, Commission on Elections (Comelec) Commissioner George Garcia called on the Department of Energy (DOE) to assure the public that there would be sufficient and [...]
PH banks seek policy guide on financing shift to ‘green energy’ projects
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 flows to clean energy ventures. In a virtual forum convened by the Institute for Climate and Sustainable Cities (ICSC), domestic bank giants BDO Capital Investment Corporation and the Bank of the Philippine Islands (BPI) sounded off that funneling massive scale of financing to green [...]
Achievable? PH finally submits Paris Agreement pledge
by Ellson Quismorio | April 15, 2021| Published by Manila Bulletin | READ THE STORY HERE The Philippine government has committed to reduce the country’s greenhouse gas emissions by a whopping 75 percent between 2020 and 2030 as part of its Nationally Determined Contribution (NDC) under the Paris Agreement. This was bared in a statement Thursday night, April 15 by the Institute for Climate and Sustainable Cities (ICSC). ICSC is a Manila-based international policy group advancing climate resilience and low carbon development. The NDC represents the country’s pledged actions to help achieve the goal of the Paris [...]