The World Bank is committed to extend to the Philippines more loans, possibly blended with grants to slash interest costs, in order to bankroll flood control as well as climate change mitigation and adaptation projects as extreme weather poses a bigger threat to Filipino lives and livelihoods....
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco), is seeking certification from the Department of Energy (DOE) as it is now inclined to rejoin the country’s ‘king coal club’ for its 1,200-megawatt Atimonan power plant project that...
The Department of Energy (DOE) will integrate cybersecurity in the planned modification of policy frameworks that shall underpin resiliency assessment and rating system for various power facilities in the country. Energy Undersecretary Felix William Fuentebella indicated that the energy resiliency...
The Philippines is set to secure a $500 million loan from the Asian Development Bank (ADB) to support its climate action initiatives, the Department of Finance (DOF) announced. During a meeting with Finance Secretary Ralph G. Recto, ADB President Asakawa stated that they are finalizing the approval...
The Senate Committee on Constitutional Amendments and Revision of Codes has formally ended the public hearings on Resolution of Both Houses No. 6 which seeks to relax restrictions on foreign ownership in public utilities, higher education and advertising. Sen. Robinhood “Robin”...
Tangere A survey conducted by market research company Tangere revealed that three out of five Filipinos remain supportive of proposals to amend the economic provisions of the 1987 Philippine Constitution. Results of the survey, conducted from Aug. 19 to 20, found that 60.9 percent of Filipinos...
While many Philippine corporates are just riding the green energy wave with empty rhetoric and some have been merely using "net zero pledges" as superficial propaganda tool in their business playbook, the genuinely serious ones are promising to re-assess commitments with concrete baselines and...
The establishment of a “decarbonization fund” will be mandated for large-scale enterprises that will exceed their carbon emissions target, as proposed in a “Low Carbon Economy” bill that recently secured approval from the House Committee on Climate Change. The propounded “low carbon...
The country needs to start reinforcing climate justice in the country and one of the best ways to do it is to support the passage of House Bill (HB) No. 9609, the proposed Climate Accountability (CLIMA) Act, the Commission on Human Rights (CHR) said. HB 9609 was introduced by Reps. Edgar Chatto,...
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) Ranking members of the House of Representatives asserted their opposition to the proposed constitutional amendment that aims to extend the term of office of...
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...
Senator Robinhood “Robin” Padilla has renewed his push for amendments to the 1987 Constitution by filing a resolution that seeks to stop the proliferation of political dynasties in the country. Padilla filed Resolution of Both Houses No. 9, where he proposed an amendment to the Charter...
