DUBAI, UAE – Multilateral lending firm Asian Development Bank (ADB) sees biggest potential for carbon emissions reduction with the energy transition mechanism (ETM) being pushed for the retirement or repurposing of coal plants all over the world. “Coal-fired power plants produce more global...
DUBAI, UAE – Negotiators of various countries and representations are prodded to take bolder actions so the ‘big switch’ on to achieving the 1.5 degrees C warming limit can successfully progress as an upshot of the COP28 Climate Change Summit. In a media stakeout, UN Climate Change Executive...
Filipino-led firm Climargy, which is classified as a super energy service company or SUPER-ESCO in the energy efficiency investment terrain, is among the corporates globally that made its pledge for a ramp up on energy efficiency ventures and programs as part of the cornerstone agreements being...
DUBAI, UAE – As the JOBS4RE initiative has started gaining high-powered support from various countries as well as development-partners, the Philippines is joining peers in the world on this transformative movement that will address glaring gap on the technical as well as professional skills that...
DUBAI, UAE – The Philippine government will aggressively work on international certifications for the targeted 9.0 million “green jobs” in the country through planned upskilling and right-skilling of Filipino workers so they can be gainfully employed not just in the clean energy sector of the...
DUBAI, UAE – The developed countries of the world are being called upon to double climate adaptation financing to $40 billion a year by 2025, so the goals on emissions reduction set forth at the COP28 can be successfully delivered. As emphasized by United Nations Secretary General Antonio...
DUBAI, UAE -- The strategy of the Philippines in line with the COP28 Global Stocktake for energy transition will differ to a great extent, because it will be opting for coal plants’ phasedown, instead of the intensified call of the United Nations Framework Convention on Climate Change (UNFCCC)...
DUBAI, UAE -- The transformative impact of two solar farm projects of Filipino-led Citicore Renewable Energy Corporation (CREC) had clinched global spotlight as it was catapulted to be among the world’s first bestowed with FAST-Infra Sustainability Infrastructure (FISI) Label, which has been...
President Marcos has reiterated his call for the Philippines to host the Loss and Damage Fund, stressing that it would symbolize inclusivity given the country's vulnerability to climate change impacts. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) In the country statement delivered by...
DUBAI, UAE -- The South Luzon Thermal Energy Corp (SLTEC) generating asset of Ayala-led ACEN Corporation is catching the attention of the world, as this has been tapped as a ‘candidate plant’ for transition credits that will potentially showcase to the world that earlier retirement or phaseout...
The government supports gender-responsive, nature-based solutions to close the climate finance gap, Department of Finance Secretary Benjamin E. Diokno said. “Recognizing this, the Philippines’ Department of Finance actively supports the mainstreaming of gender initiatives in the mobilization of...
The Philippines and the World Economic Forum (WEF) signed an agreement on blue carbon ecosystem and plastic pollution, Malacañang said. The Philippine delegation officially opens the first-ever Philippine Pavilion during the 2023 United Nations 28th Conference of Parties (COP28) at the Dubai Expo...
