The Department of Energy (DOE) has steered clear of any commitment to phase out coal-fired power plants in the Philippines, as stipulated in its pledge to the ongoing 26th Conference of the Parties (COP) Climate Change Summit in Glasgow, Scotland. In a formal correspondence to Alastair Totty,...
At the 26th session of the United Nations Climate Change Conference of the Parties (COP26), ongoing until Nov. 12, 2021 in Glasgow, Ireland, the Philippines plays a key role — that of a cautionary tale. In the Global Climate Risk Index (CRI) 2021 prepared using 2019 data on extreme weather and...
The Department of Energy (DOE) on Saturday, Nov. 6, reiterated the country's commitment to gradually transition from fuel energy into clean energy as the country participates in the 2021 United Nations Climate Change Conference or COP26. In a statement, the agency said "nothing has changed" with...
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...
Power utility giant Manila Electric Company (Meralco) is accelerating its rollout of more electric vehicles (EV) fleet as it targets to deploy 70 more vehicle in the months ahead. Via its Green Mobility Program, the company is building up its EV portfolio and it will be advancing that from its...
The Philippines and Indonesia have formed a new partnership establishing an Energy Transition Mechanism (ETM), the first of its kind in Asia and the Pacific, the Asian Development Bank (ADB) said. At the COP26 in Glasgow, ADB President Masatsugu Asakawa, Indonesian Finance Minister Sri Mulyani...
Foreign Affairs Secretary Teodoro Locsin Jr. believes that the ongoing climate change conference in Glasgow is the world's "last-ditch effort" to come up with climate solutions to save the planet. Foreign Affairs Secretary Teodoro Locsin Jr. (PCOO / FILE PHOTO / MANILA BULLETIN) "This is the...
The Philippines incurred billions of pesos in losses due to climate-related hazards in over a decade despite contributing only a meager to global greenhouse gas emissions. The Department of Finance (DOF) revealed Tuesday, Nov. 2, 2021, that extreme weather driven by climate change cost the...
The 26 th Conference of the Parties COP26) to the United Nations Framework Convention on Climate Change opened in Glasgow, Scotland last Oct. 31 for a two-week meeting that would hopefully address global concerns on the continuing threats posed by unabated global warming. UN Secretary General...
Projection of temperature rise to 2.7°C due to accelerating scale of carbon emissions is seen as the toughest challenge that will confront delegates at the 26th Conference of the Parties (COP 26) United Nations Climate Change Summit in Glasgow, Scotland this month. HSBC’s global research covers...
The Philippine government will need to shell out more than P330 billion if it will concretize its plan to ‘buy out’ coal plants in Mindanao grid as part of the country’s commitment for carbon emissions reduction at the 26th Conference of the Parties (COP 26) of the United Nations Climate...
An international environment organization is pressing the Philippine delegation to the United Nations (UN) climate talks to push for an urgent fossil fuel phaseout and hold companies that are big environment polluters accountable amid reports that the world is still lagging behind its goal to...
