Group warns anew of power outages during elections amid coal plant shutdowns
by Angelica Y. Yang | April 28, 2022| Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — Manila-based policy group Institute for Climate and Sustainable Cities (ICSC) stood by its power outlook for the 2022 elections, warning anew that power interruptions may take place during and after polls as baseload coal-fired power plants continue to go on unplanned shutdowns. ICSC earlier forecasted that there will be tight power supply during the second quarter, with a chance of a red alert status- which may cause rotating power outages- across the Luzon power grid. In an emailed statement on [...]
US to help Philippines develop nuclear power program; groups push renewable energy instead
by Angelica Yang | March 14, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines and the United States signed a memorandum of understanding last week to work together to develop the Philippines' nuclear power program. The MOU was signed by Energy Undersecretary Gerardo Erguiza and US Undersecretary of State for Arms Control and International Security Bonnie Jenkins. Erguiza said he believes the partnership with the US will help improve the country's capacities in building nuclear infrastructure. "Through our cooperation, we hope to ensure the peaceful use of nuclear energy and fulfill our [...]
What the Philippines needs to do after UN climate deal
by Gaea Katreena Cabico | November 16, 2021 | Published by Philstar.com | READ THE STORY HERE GLASGOW, United Kingdom — The Philippines is urged to intensify its efforts to fight climate change after nearly 200 countries clinched a major deal that called for more ambition and action, but fell short of providing vulnerable nations funds to help them adapt to and recoup damages from climate-related impacts. Two weeks of painful negotiations in the cold and damp Scottish city resulted in the Glasgow Climate Pact, which called on countries to phase down reliance on unabated coal power and recognized loss and [...]
Philippines urges rich countries to deliver climate finance pledged to vulnerable nations
by Gaea Katreena Cabico | October 28, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines is calling on wealthy nations to make good on their commitment to provide financing to developing countries to help them bolster their defenses against climate change. In a speech delivered at the Asian Infrastructure Investment Bank’s annual meeting Wednesday night, Finance Secretary Carlos Dominguez said the Philippines is "not yet a financial powerhouse" but is already moving to address climate change. "Clearly, the Philippines is moving with urgency. But we have seen very little funding and actions promised by Western [...]
Philippines needs to address policy gap for financing RE debts
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 ready status. In a webinar organized by the Institute of Corporate Directors (ICD) in partnership with the Institute for Climate and Sustainable Cities, The Climate Reality Project Philippines, and ClientEarth last Friday, participants stressed the critical need to address challenges in financing RE projects. [...]