DUBAI, UAE – The Technology Executive Committee (TEC) of the United Nations Framework Convention on Climate Change (UNFCCC) has set forth a challenge to the developing countries to employ solutions powered by artificial intelligence (AI) in enforcing climate actions in their respective...
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 – 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)...
The Philippines and the United Nations Development Program (UNDP) are working with Canada to reduce the climate finance gap through nature-based solutions projects funded under a $5.3-billion climate finance commitment, the Presidential Communications Office (PCO) said. Pexels In a statement, the...
Department of Finance (DOF) Secretary Benjamin E. Diokno urged the setting up of a new collective quantified goal (NCGQ) of a minimum $100 billion per year on climate finance to strengthen countries’ climate action. Climate finance is described by the UN as financial resources and instruments...
President Ferdinand "Bongbong" Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte commended President Marcos for his commitment to advance the Philippines’ dedication to climate justice on the international...
The Philippines has lauded the adoption of loss and damage funding at the 28th Conference of the Parties (COP28) in Dubai. Through the Climate Change Commission, the country, which is among the highly vulnerable nations to the impacts of climate change, welcomed the development saying, it is a...
The Department of Finance (DOF) is hopeful that the government's plan to tackle climate change will improve how the country provides information with organizations that grant funding for climate-related initiatives. Finance Secretary Benjamin E. Diokno said the Philippines’ Nationally Determined...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has approved on the third and final reading the proposed Climate Change Resilience Act, which stresses the need for the government to come up with measures to stop...