Tag page - COAL PROJECTS

The goals laid down at the COP28 Global Stocktake had fallen short on the target for total phaseout of fossil fuels in energy systems, although there had been more aggressive commitments on deeper emissions cut as well as reinforcements on climate finance. In his closing speech, UN Climate Change...

Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power projects in the Philippines. That came as a daring statement from RCBC President and CEO Eugene S. Acevedo, the first bank chief executive to do so...