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...
Editorial The time to do some actual work on the ground and build a framework for climate justice is now. That was the call made by Finance Secretary Carlos Dominguez III at the 26th United Nations (UN) Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, which is closing today,...
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...
Dear leader, As I write to you, leaders of all kinds are at Glasgow, oceans away in the United Kingdom for the 2021 United Nations Climate Change Conference. It’s dubbed as “the most important climate event of the century.” COP, for the readers, stands for the “Conference of the Parties.”...
Air pollution in the Philippines is responsible for the premature deaths of at least 66,000 people every year and the loss in the country's economic growth, a joint report released by a climate think tank and a climate research organization showed. According to the report published by Institute for...
The Philippines' negligence of air quality is causing more deaths and losses of about $87.6 billion annually, according to the Centre for Research on Energy and Clean Air (CREA) and the Institute for Climate and Sustainable Cities (ICSC). 45000 “Air quality is not an abstract issue. Air pollution...
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...
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...