Bangkok, Thailand – With less than a month to go before the COP30 Climate Summit in Belém, Brazil, the climate clock is forcing both governments and business leaders to move beyond lip service. They are now racing to embed decarbonization not only across their own value chains, but deep into the...
BONN, Germany – At the SB62 Climate Meetings, negotiators are under immense pressure to transform grand pledges into tangible action, specifically to provisionally lock in the $1.3 trillion-a-year climate finance roadmap through 2035. This ambitious plan, forged in Baku, Azerbaijan, at COP29, is...
The Philippine Economic Zone Authority (PEZA) is teaming up with Japan-based sustainability solutions provider Zeroboard Inc. to promote decarbonization in its economic zones. In a social media post, PEZA said it has entered into a memorandum of understanding (MOU) with Zeroboard. The agreement...
SINGAPORE—The Philippine government is currently sharpening its next climate battle plan that will anchor its third round of nationally determined contributions (NDC 3.0) submission ahead of the COP30 Climate Change Summit slated at the Amazonian city of Belem in Brazil by November this year. In...
National Development Company (NDC), the government's investment arm under the Department of Trade & Industry (DTI), and Yachiyo Engineering Co., Ltd. of Japan (YEC) signed a Memorandum of Understanding (MOU) to explore cooperative ways to expand and promote business and project opportunities in the...
The National Development Co. (NDC), the government’s investment arm under the Department of Trade and Industry (DTI), has agreed to renew for another 25 years the lease of American oil company Chevron Philippines Inc. (CPI) on certain parcels of land used for its energy infrastructure in the...
The Department of Finance (DOF) is demanding rich countries to fulfill their pledge of providing the massive financing needed to reverse the devastating effects of climate change. During the Ministerial Dialogue of the Climate Vulnerable Forum (CVF), Finance Secretary Carlos G. Dominguez III has...
Last April 15, Thursday, the Philippines submitted its Nationally Determined Contribution (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC). This initiative was welcomed by the World Wide Fund for Nature (WWF) but with a reminder to the government that they need to “act...
Two local pharmaceutical firms are in “advanced stage and very serious interest” of their proposed COVID-19 vaccine manufacturing plans while at least four foreign companies have also been identified as potential vaccine technology providers, but a Philippine produced COVID-19 may have to wait...
The National Development Corp., the government investment arm under the Department of Trade and Industry (DTI), has approved P250 million venture fund for tech startups. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) This was announced by DTI Secretary...
The National Development Company (NDC), the investment arm of the government, will start providing equity financing to qualified innovative startups with high growth potential to further support the development of the Philippine startup ecosystem. Trade and Industry Secretary Ramon M. Lopez...
