The government is finalizing its sustainable finance framework for the issuance of the Philippines’ first-ever sovereign green bonds, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Friday, Nov. 19, that the establishment of the framework is a key step in...
The Philippines has secured fresh contingent funds from the World Bank to strengthen the country's institutional and financial capacity in managing risks from disasters and disease outbreaks. In a statement, the Washington-based multilateral institution said on Thursday, Nov. 18, that it earmarked...
Fearing that the world might die by year 2100, Partido Reporma chairman and standard-bearer Panfilo “Ping” M. Lacson on Wednesday, Nov. 17 said he has been taking the issue of climate change seriously for the sake of future generations who will inherit the Philippines. In a recent radio...
BATANG MAYNILA Manila Mayor Isko Moreno I am simply overwhelmed and at a loss for words for the warmth of those I have met during my recent consultation meetings particularly with the grassroots, in the various provinces I have visited so far. These are the fisher folk, farmers and public market...
PAGBABAGO Dr. Florangel Rosario Braid A worrisome finding during a recent Pulse Asia survey is that “environmental destruction” ranks only no. 12 among our “most urgent national concerns,” and that it is not even on the list of the seven personal concerns. Yet, the most urgent personal...
Closer international cooperation is a must in order to speed up the Asia-Pacific region’s economic recovery from the coronavirus disease (COVID-19), while also addressing the challenges of climate change. President Rodrigo Duterte (Malacañang photo) President Duterte made this call during the...
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...
