President Marcos has signed into law Republic Act (RA) No. 12019, or the "Loss and Damage Fund Board Act", which grants juridical personality and legal capacity to the Loss and Damage Fund (LDF) Board that will respond to loss and damage due to climate change. File photos The President signed the...
President Marcos has approved cost and implementation adjustments to the Metro Manila Priority Bridges Seismic Improvement Project (MMPBSIP) that aims to strengthen bridges in the National Capital Region (NCR) in preparation for strong earthquakes. NEDA BOARD MEETING — President Ferdinand...
Atty. Carlos Luis Fernandez, OIC Executive Vice President - General Counsel of PAL; Melissa Ow, Chief Executive of STB; Capt. Stanley Ng, President and COO of PAL; Mr. Terrence Voon, STB Executive Director for Southeast Asia; at the Singapore Tourism Board and Philippine Airlines...
The Board of Investments (BOI) has granted its green lane certificate to a ground-mounted solar farm in Mabini, Pangasinan. In a statement, the BOI said on Tuesday, Aug. 20, that the certification covers the 41.25-hectare Mabini solar power plant project owned by Spotlight Power Inc. (SPI) in Brgy....
The Board of Investments (BOI) vowed to enhance awareness of incentives for Energy Efficiency and Conservation (EE&C) projects to motivate companies to transition to renewable energy (RE). In a recent roadshow at the Clark Freeport Zone in Pampanga, the BOI presented new guidelines for...
The Board of Investments (BOI) has awarded the green lane certificates of endorsement to Vind Energy Corp.’s two offshore wind projects in Cavite and Guimaras. Department of Trade and Industry (DTI) Undersecretary and BOI Managing Head Ceferino S. Rodolfo awarded certificates to Alma...
The mammoth Terra Solar project of SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) group which will command aggregate investment of P190 billion has secured ‘green lane certification’ from the Board of Investments (BOI) that will enable it to avail of fast-tracked and...
The Board of Investments (BOI) is encouraging local manufacturers to decrease their reliance on conventional energy sources by embracing energy efficiency and conservation measures. During the first “Make REshift Happen" roadshow, Raquel Echague, BOI Resource-Based Industries Service director,...
The Board of Investments (BOI) has endorsed the green lane processing for the P7.5 billion renewable energy project by Freya Renewables Inc. in Talisay City, Cebu. In a statement, BOI Executive Director Bobby G. Fondevilla announced the issuance of a green lane certificate to Freya Renewables for...
The Board of Investments (BOI) said the government aims to produce thousands of engineers and technicians for the country’s semiconductor and electronics industry in the next four years. BOI Managing Head Ceferino Rodolfo said that the Department of Trade and Industry (DTI), in collaboration with...
Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga said on Monday, August 5, that the Philippines can reach out to more experts on climate change to address challenges such as flooding now that it's a host to the United Nations’ Loss and Damage Fund (LDF)...
The Commission on Rights (CHR) cited the "significant role" the Philippines will take in the international climate change dialogue as lead country for the Loss and Damage Fund (LDF) to which developed countries have already pledged $700 million. In a statement, the CHR said "loss and damage" is a...
