A new private sector-led global organization is exploring a possible country partnership with the Philippines to assist in hastening its transition to green and renewable energy (RE) sources, the Department of Finance (DOF) said. In a statement, the DOF said on Friday, Nov. 12, that Finance...
Manila has outlined its envisioned path towards a sustainable energy future during the Energy Transition Partnership event at the ongoing 26th United Nations (UN) Climate Change Conference of the Parties (COP26) in Glasgow, Scotland. In his presentation, Energy Undersecretary and Spokesperson Felix...
The Philippines has formally committed to reverse forest loss and land degradation by 2030, the Department of Finance (DOF) announced on Thursday, Nov. 11. In a statement, the DOF said the Department of Foreign Affairs (DFA) recently transmitted President Duterte’s letter to the government of the...
The Philippines has called for an end to the debate on climate change, and for nations to start implementing concrete actions to fulfill their respective commitments and “obligations to humanity” to save the planet from an environmental catastrophe. “The Philippines is determined to be a...
The next Department of Finance (DOF) head needs to keep a close eye on four pressing issues, such as public debt, inflation, exacerbated inequality and climate change, President Duterte’s chief economic manager said. Eight months before the term of the Duterte administration ends, Finance...
FINDING ANSWERS Former Senator Atty. Joey D. Lina It’s not as spectacular as the conversion of St. Paul who was transformed from being the most intense persecutor of early Christians to one of the most ardent followers of Jesus, but it’s remarkable nevertheless. The recent news that my good...
The Philippines urged governments and multilateral development banks (MDBs) work closely in addressing the transitional adjustments that might have to be undertaken to ensure the seamless implementation of climate-related projects on the ground. Finance Undersecretary Mark Dennis Joven said that...
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives. Dominguez said the meticulous planning and vetting done...
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House As the world’s economic powers gathered in Rome for the G-20 Summit, Iran announced that it would resume nuclear talks in Vienna before the end of this month. Tehran’s announcement is a welcome development as it is a significant step...
Did Harry Roque just change his tone again regarding his potential senatorial bid in May 2022? Presidential Spokesperson Harry Roque (Photo from Harry Roque's Facebook) In a virtual press conference Friday, Nov. 5, the presidential spokesperson sounded more hopeful than he has been in weeks...
Finance Secretary Carlos G. Dominguez III has underscored the importance of the “blended approach” or sustainable orchestration of grants, investments, and subsidies to make climate finance work for its beneficiaries. IMG_1313 During a ministerial dialogue on climate finance at COP26, Dominguez...
ENDEAVOR Sonny Coloma A global summit – the 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change – is ongoing in Glasgow, Scotland to address global concerns on the continuing threats posed by unabated global warming. The Philippines will likely...
