Finance Secretary Carlos G. Dominguez III will represent the Philippines at the global climate action talks and negotiations, also known as 26th Conference of Parties (COP26) of the United Nations Framework Convention on Climate Change, in Glasgow, Scotland next week. Delegates from almost 200...
President Duterte has appealed for "climate justice" for the Philippines during the 16th East Asia Summit (EAS), which was attended by United States (US) President Joe Biden and Japan Prime Minister Kishida Fumio. President Rodrigo Duterte (Malacañang photo) "Competition for domination is a futile...
In line with the bold commitments of countries to the 26th Conference of the Parties on Climate Change (COP26), an innovative low-cost funding mechanism from multilateral agencies like the Asian Development Bank (ADB), to be complemented by private financing, would be needed to concretize the...
The Philippines has called on Western economies to act now in significantly reducing their carbon footprints, and make good on their commitments to extend the financing needed by climate-vulnerable countries to transition to a clean energy future. Speaking at the 2021 Asian Infrastructure...
Listed firm AC Energy Corporation (ACEN) is committing ‘early retirement’ of its remaining coal-fired power plant in line with the Ayala group’s overall ‘net zero’ target through year 2050. The Ayala firm said its management will employ ‘energy transition mechanism’ (ETM) “for the...
The Department of Energy (DoE) has categorically countered the planned buy-out and phaseout or retirement of coal-fired power plants in Mindanao, specifying that this is not part of a scenario set in the Philippine Energy Plan (PEP) in the next two decades. “The PEP is not yet looking at...
The Korean Embassy in the Philippines and its partners urged the Philippine government, donor countries, private sectors and international organizations to address the pressing issues in the agriculture sector in the country in the run-up to the 26th United Nations Climate Change Conference of the...
First Gen-owned Energy Development Corporation (EDC) is reinforcing call on policy leaders to accelerate the phase out of coal plants, similar to what is happening in other parts of the world. EDC Logo That call is in line with the world’s target to limit planet warming to 1.5 degrees as...
The Philippines has renewed its commitment to the international community to adopt anticipatory action to prevent or mitigate potential disaster impacts even before such crises happen. Foreign Affairs Secretary Teodoro Locsin Jr. delivering his remarks during the virtual high-level humanitarian...
