Author: climaterealityph

More businesses favor renewable energy through GEOP

Post author By climaterealityph
Post date May 12, 2024
1 Comment on More businesses favor renewable energy through GEOP

More businesses favor renewable energy through GEOP

May 12, 2024

Batangas City—More businesses are enjoying the benefits of switching to renewable energy through the Green Energy Option Program (GEOP).

The First Philippine Industrial Park, Inc. (FPIP) brought this into focus during the Department of Energy’s (DOE) third leg of the Information, Education, and Communication (IEC) Campaign on GEOP and Other Renewable Energy Voluntary Programs, in partnership with the United States Agency for International Development—Energy Secure Philippines, in Batangas City on 29 April 2024.

A commercial real estate company based in Batangas, FPIP is among the entities that have made a strategic shift in their energy portfolio through GEOP in 2022.

“[Businesses] have a lot of demand for GEOP. Many want to switch to this program but the supply capacity is limited. But companies still prefer GEOP because of their sustainability goals,” Nelson Lontok, the Operations Planning Lead of FPIP, said.

A rising number of businesses opting for GEOP

In 2021, GEOP has been promulgated as an energy mechanism to fasttrack the acceleration and utilization of renewable energy developments in the country. Entities with an annual average peak demand of at least 100 kWh can now power their operations with 100% renewable energy without upfront costs.

“We wanted this program to be of help to everyone. We have a very ambitious target for renewable energy. We want renewable energy to be the major source of electricity in the country,” Director Marissa Cerezo from the DOE Renewable Energy Management Bureau explained.

More than two (2) years since the implementation of the program, a total of 346 end-users have subscribed to GEOP, wherein 76% of the switchers came from Luzon and the rest from Visayas.

Most of the entities shifting to renewable energy through GEOP are affiliated with the real estate, manufacturing, food and beverage, and agriculture industries. The heterogeneous makeup of these registered entities demonstrates the universal benefit of GEOP across sectors of any kind.

Opening the retail competition in Mindanao opens the avenue for industries in the region to harness 100% power from renewable energy through GEOP and reap its economic and environmental benefits. This is expected to bolster the number of end-users seeking cleaner, more sustainable, and affordable energy.

GEOP presents significant advantages for businesses

During the IEC campaign in Batangas, FPIP urged other businesses from ecozones to participate in GEOP, sharing the advantages and opportunities of sourcing power from renewable energy sources. To date, FPIP already switched six (6) meter accounts into GEOP.

“[Businesses] have the power to negotiate how much will be the discount coming from the renewable energy supplier versus the offered distribution blended rate. There are savings with GEOP,” Lontok said.

The switch has enabled FPIP to reduce power operational expenses by 30% to 40%, allowing them to pursue other sustainability initiatives such as installing solar panels. Beyond power servings, the switch has resulted in FPIP avoiding a total of 3,261,620 kilograms of carbon emissions.

TE Connectivity Manufacturing Philippines Inc., a manufacturing company of electronic components, also cited merits under GEOP during the event. Intending to satisfy their sustainability targets, the company also registered in the program in 2023.

GEOP assures businesses that the program yields greater benefits than losses. More businesses are now vouching for GEOP as an optimal route in building inclusive, resilient, regenerative, and decarbonized operations.

Businesses demand more renewable energy supply

Lontok raised concerns over the potential mismatch between the increasing demand from businesses to switch to renewable energy through GEOP and the limitations of the current supply under the program.

As of May 2024, DOE reported only a total of 18 renewable energy suppliers under GEOP. Aboitiz Group owns seven of these but only caters to 4% of the end-users. Meanwhile, two suppliers under the Ayala Group and three suppliers under the EDC Group service 48% and 30% of switchers, respectively.

This coincides with the results of the RE Energize PH Survey Report presented by Mary Jane San Juan, the Communications Officer of The Climate Reality Project Philippines, revealing that 95% of its respondents wanted to join GEOP but expressed reservations because of the limited number of renewable energy suppliers currently participating in the program, among other things.

“We need renewable energy suppliers and relevant government agencies on board to open the conversation on further capacitating our energy infrastructure with renewable energy developments,” she cited.

To gain deeper insights, Climate Reality Philippines will launch a new survey focused on the experiences and challenges of renewable energy suppliers participating in GEOP. The survey results will be used to develop concrete policy recommendations for the DOE and the Energy Regulatory Commission.

***

batangas, DOE, ecozone, GEOP, PEZA, renewable energy

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Press Releases

GEOP to accelerate RE development and utilization in PH

Post author By climaterealityph
Post date May 4, 2024

GEOP to accelerate RE development and utilization in PH

May 4, 2024

Mandaue City, Cebu—The Green Energy Option Program (GEOP) emerges as a tangible pathway towards an affordable, reliable, and decarbonized energy system in pursuit of an energy-secured and sustainable future for all Filipinos.

The Department of Energy (DOE) affirmed this during their second leg of Information, Education, and Campaign (IEC) on GEOP and Other Renewable Energy Voluntary Programs, in partnership with the United States Agency for International Development—Energy Secure Philippines, at Mandaue City, Cebu on 25 April 2024.

“[The IEC roadshow] determines the need to revisit the policy or make necessary amendments to make GEOP more responsive, not just in achieving our targets of increasing the share of renewable energy in the power mix by 35% in 2030 and 50% in 2040, but to also cater to the needs of the end-users,” Liza Pangilinan, OIC-Chief Science Research Specialist of the DOE, said.

Renewable energy landscape in the Philippines

The Renewable Energy Act, which created mechanisms like GEOP, is a powerful policy to accelerate the development and utilization of renewable energy in the Philippines.

The DOE reported that the law yielded an additional renewable energy capacity of 2,707 megawatts, thereby reducing greenhouse gas emissions to around 29 million tons of carbon dioxide equivalent each year. The Philippines has also recorded a total investment of PhP279.5 billion in renewable energy while creating an estimate of more than 357,000 green jobs.

However, fossil fuels remain dominant at 77.9%. The share of renewable energy in the power mix diminished from 33.9% in 2008 to 22.1% in 2022 despite attempts to accelerate and incentivize renewable energy in the Philippines. The DOE calculated that an estimated 56 gigawatts of renewable energy must be installed to reach the country’s energy targets.

Affordability, accessibility, and reliability of GEOP

GEOP stands out as a program under the Renewable Energy Act with its vast potential to accelerate renewable energy access nationwide. It empowers consumers to choose 100% renewable energy sources, eliminating upfront capital costs.

“With GEOP, we have the power of choice to choose renewable energy as supply at a least cost, contribute to the growth of the renewable energy industry in the country, foster a cleaner and sustainable environment, and support national and global decarbonization goals,” the DOE explained.

Delfingen PH and Philippine IINO Corporation, two companies that have already switched to renewable energy through GEOP, shared their stories of gains to encourage fellow business enterprises and locators in the ecozone to consider participating in the program.

Niñolito Rodrigo, the Maintenance Manager of automotive supplier and manufacturer Delfingen PH, said that they gained approximately PhP3.7 million in power cost savings and reduced 1,862 kg carbon dioxide equivalent of emissions since their switch in October 2022.

Zandro Flores, Facilities Manager of automotive parts manufacturer Philippine IINO Corporation, shared that they saved around half a million pesos per month on their electricity bill after transitioning to renewable energy through GEOP in March 2022.

Both switchers assured other businesses that GEOP guarantees reliable power, ensuring cost-efficient technical operations.

Improving GEOP implementation in the country

The RE Energize PH Survey Report of The Climate Reality Project Philippines, which was presented during the event, urged the DOE and the Energy Regulatory Commission (ERC) to consider lowering the GEOP energy requirement threshold and implement guidelines on aggregation.

“Our government should ensure connectivity and dispatch of renewable energy from Luzon, Visayas, to Mindanao for GEOP end-users,” Mary Jane San Juan, Communication Officer of Climate Reality Philippines, added.

The survey also suggested establishing a platform where renewable energy suppliers and consumers can exchange knowledge, experiences, and challenges regarding GEOP. In line with this, Climate Reality Philippines is organizing regional GEOP conferences for various business industries and sectors in the coming months.

***

cebu, DOE, ecozone, GEOP, PEZA, renewable energy

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Blog Post

Financing Our Future: A Call to Action for the World Bank and IMF

Post author By climaterealityph
Post date May 3, 2024

Financing Our Future: A Call to Action for the World Bank and IMF

May 3, 2024

Finance holds the key to unlocking progress to ambitious climate action.

By reforming how finance flows globally, we can invest more in clean energy, help developing countries adapt, and support nations hit hard by climate disasters. The World Bank and the International Monetary Fund (IMF) are key players in this global financial reform.

During the 2024 Spring Meetings of the World Bank and International Monetary Fund (IMF), we joined the 10 other branches of Climate Reality across the world in urging the World Bank to end fossil fuel investments.

We also supported the Climate Vulnerable Forum in calling for more concessional capital and debt solutions to enable vulnerable countries to achieve their development and climate goals.

This is our vision for a climate-aligned World Bank and IMF.

1. End all financing for fossil fuel projects worldwide.

The World Bank shouldn’t lend money for fossil fuels anymore. This means banning fossil fuels in loan agreements and having independent checks to make sure the rules are followed. Stopping new fossil fuel projects is crucial to fight climate change and helps developing countries avoid getting stuck with stranded assets.

2. Provide debt relief for climate action.

Record debt levels are hindering climate-vulnerable countries’ development and climate goals.

The World Bank should offer tailored-fit debt relief and revamp loans for climate projects. This could involve “debt-for-climate swaps” where debt relief is offered in exchange for climate action.

The IMF, on the other hand, should consider climate change when evaluating whether a country can borrow more or not. Right now, the IMF’s Debt Sustainability Analysis only looks at how much money vulnerable countries have coming in, not how much they might need to spend on climate change adaptation and mitigation.

3. Make adaptation money more accessible.

We urge the World Bank to enhance access to grants and low-interest loans for climate change adaptation.

We urge the Bank to assist in developing incentive mechanisms and deploying concessional investment risks in adaptation projects by the private sector, including those that promote local micro, small, and medium-sized enterprises in vulnerable countries.

4. Make the new Loss and Damage Fund work for the most vulnerable.

At COP28, the World Bank was designated to host the Loss and Damage Fund, a finance mechanism to assist countries in responding to the impacts of climate change that go beyond what countries can adapt to.

We urge the World Bank to operationalize the fund in a way that will allow vulnerable countries to get money directly and easily (direct access), with favorable terms like grants or low-interest loans (concessionality).

The Bank should also harness the power of having a strong network of civil society observer organizations to ensure transparency and accountability in the allocation and use of the Fund.

5. Ensure climate-friendly development.

We urge the World Bank to think about climate change adaptation whenever it lends money for any development project. This ensures long-term benefits and avoids projects that could make things worse in the face of a changing climate.

6. Boost climate action and development for low-income countries.

Grants and loans with very low interest rates have an important role to play in supporting climate and development goals.

In this regard, we call for the tripling of the resources of the World Bank’s financing window for low-income countries, the International Development Association (IDA), from USD 93 billion to USD 279 billion. We also urge the Bank to expand access of IDA for climate-vulnerable economies.

This will give vulnerable communities more resources to deal with climate change impacts and build a better future.

7. Give climate-vulnerable countries a fair share of the pie.

The IMF’s Special Drawing Rights (SDRs) are an international reserve asset. They’re not actual money but more like a special credit line that lets countries in need borrow freely usable currencies from other countries.

The problem is that richer countries hold most of the SDRs but don’t necessarily need them right now; while poorer and climate-vulnerable countries have very few and could use some help.

We urge the IMF to change the system for SDR allocations and rich countries to voluntarily redirect their unused SDRs to climate-vulnerable countries. This would help bridge the gap and provide much-needed funds for climate projects.

8. Provide a seat at the table for climate-vulnerable nations.

Climate-vulnerable countries need a bigger say in global finances.

We support the V20 Finance Ministers’ call to be recognized as an official Group within the World Bank Group and the IMF to join G7 and G20 (representing the world’s wealthiest countries) and the G24 (developing nations).

***

climate finance, COP28, energy, imf, world bank

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Press Releases

Hospitals: Power up your future with clean energy at the REalize Conference

Post author By climaterealityph
Post date May 3, 2024
1 Comment on Hospitals: Power up your future with clean energy at the REalize Conference

Hospitals: Power up your future with clean energy at the REalize Conference

May 3, 2024

Quezon City—Hospitals and healthcare facilities intending to make their operations more green and sustainable while saving on power costs are invited to participate in The Climate Reality Project Philippines’ inaugural REalize Conference this coming May 13 at Luxent Hotel, Quezon City. Attendance is free and interested hospital representatives can register through this link.

REalize is a conference series set to inform various sectors in the country that they now have the power to source their power 100% from renewable energy resources without upfront capital costs through the Department of Energy’s Green Energy Option Program (GEOP).

Pursuant to Republic Act No. 9513 or the Renewable Energy Act of 2008, GEOP is a mechanism that allows electricity end-users with an average monthly consumption of 100 kilowatts or above the option to directly and solely source their electricity from renewable energy while still being connected to the main electricity grid.

The first REalize Conference, co-organized with Health Care Without Harm, is designed specifically for representatives from both public and private hospitals. This event will showcase the benefits and opportunities of GEOP for the healthcare sector. It will also serve as a collaborative platform for hospital administrators, government officials, and civil society organizations to discuss and address the challenges healthcare facilities face in adopting renewable energy solutions.

GEOP offers fast-lane access to 100% RE

The potential of GEOP being the healthcare sector’s fast lane towards renewable energy was first discussed during the roundtable discussion on greening the healthcare sector conducted by the Asian Development Bank, with support from Climate Reality Philippines, last March.

“The prospect of using renewable energy in our health facilities are viable ways for future-proofing investments for the health sector and ensuring health infrastructures are capable of adapting to the modern challenges of global warming,” Atty. Charade Grande, Assistant Secretary of the Department of Health (DOH), said during the roundtable discussion.

“The goal is to adopt appropriate measures that are technologically feasible, economically sound, and environmentally friendly to reduce losses and wastage which in turn yields actual savings for the facility,” Dr. Melissa Tan, Director of the DOH Health Facilities Development Bureau, added.

GEOP serves as an ideal pathway for empowering the health sector with climate-resilient renewable energy solutions. The program allows hospitals to procure 100% renewable energy at no upfront cost, while also benefiting from lower electricity rates.

Authorized renewable energy suppliers within the GEOP program offer more competitive generation rates compared to the expensive pricing structures of traditional distribution utilities. These utilities primarily rely on coal-fired power plants, which cater to a captive market. By switching to GEOP, hospitals can achieve significant financial savings that can be redirected toward enhancing patient care services.

Furthermore, GEOP’s clean energy sources can significantly aid the health sector in achieving its environmental and sustainability goals. The program paves the way for hospitals to fulfill their net-zero targets and reduce greenhouse gas emissions.

More REalize conferences coming soon

The Climate Reality Project Philippines, through the RE Energize PH program, has been continuously supporting GEOP with energy literacy and movement-building initiatives to reinforce the just energy transition agenda in the country.

Under this program, REalize was launched to engage the health, tourism, telecommunications, and academic sectors into tapping the potential of GEOP to access renewable energy.

Don’t miss out! Follow Climate Reality Philippines on Facebook for updates on future REalize conferences. Learn more about GEOP here.

***

GEOP, hospitals, just energy transiiton, renewable energy

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Blog Post

Climate Reality PH honors Filipina Changemakers

Post author By climaterealityph
Post date May 2, 2024
1 Comment on Climate Reality PH honors Filipina Changemakers

Climate Reality PH honors Filipina Changemakers

May 2, 2024

Women climate advocates take center stage at “Filipina Changemakers: Champions For Climate Resilience,” a forum and an exhibit held at the Senate of the Philippines on 29 April 2024.

The event organized by the Office of Senate President Pro-Tempore Loren Legarda and the Climate Change Commission (CCC), in partnership with The Climate Reality Project Philippines, featured esteemed women leaders spearheading the fight against climate change in the country and beyond.

“In the face of adversity, women leaders have proven to be relentless and nurturing leaders, just like our Filipina Changemakers. We aim to put a spotlight on them and their work to drive powerful change in this era of the climate crisis,” said CCC Commissioner Rachel Anne Herrera.

Climate change is not gender neutral

The forum caps off a hot Earth Month, with Filipinos experiencing record-high heat indexes. As much as the rising temperatures are felt by everyone, the impact across the board is not equal. In fact, the United Nations Framework Convention on Climate Change (UNFCCC) reported that ‘climate change impacts women differently than men’.

“[Reports submitted for the study] highlighted that the adverse effects of drought, floods, hurricanes, extreme rainfall events, and sea level rise are often felt more keenly by women than men as a result of systemic gender discrimination and societal expectations related to gender roles,” an excerpt from the research reads.

Given this disproportionate impact of global warming on women, Senate President Pro Tempore Loren Legarda underpins the importance of the inclusion of women in decision-making processes about climate change.

“Throughout history, women have been at the forefront of ecological protection and sustainability- from grassroots activists to policymakers, women have played pivotal roles in championing sustainable goals and policies that promote resilience. [Women environment advocates] prove that gender is not a barrier in leadership positions and that women have a unique perspective to offer.”

- Senate President Pro Tempore Loren Legarda

“Women in vulnerable communities who are bearing the brunt of climate change are excluded at times from decision-making and leadership roles. We must instead empower these climate actors, give them access to education and resources, and ensure that they are heard and their contributions valued,” said Senate President Pro Tempore Legarda.

Climate Reality Leader Peachie Dioquino-Valera moderated a short panel discussion with three outstanding environment advocates: climate scientist Dr. Abigail Faye Cruz, Head of Regional Climate Systems Laboratory at Manila Observatory and Lead Author of the Intergovernmental Panel on Climate Change (IPCC) Working Group I Reports for Sixth Assessment Report; social artist Desiree Llanos Dee, Co-founder of Tofu Creatives; and policy analyst Danica Marie Supnet, Director for Climate Policy at the Institute for Climate and Sustainable Cities.

The diversity of expertise from the speakers showcases the ability of women to take charge of the climate emergency on all fronts. From science and art to policy making, the featured advocates are trailblazers in their own right.

Keynote speaker Senate President Pro Tempore Legarda urged policymakers to provide opportunities for women and girls to be part of the conversation surrounding climate action.

“[Because women and girls are more vulnerable to climate change than men] it’s very important that they are given access to resources, knowledge, and skills so they could reduce this vulnerability.”

- Dr. Abigail Faye Cruz

“[Our illustrations] make people feel seen and heard. At the heart of what we do is really deep listening- and when you listen to people, we understand each other better. And when we understand each other better, it becomes clear what we can do together.”

- Ms. Desiree Dee

From L to R: Climate Reality Leader Peachie Dioquino-Valera, Dr. Abigail Faye Cruz, Senator Loren Legarda, Desiree Llanos Dee, Danica Marie Supnet, and Climate Change Commissioner Rachel Anne Herrera.

Drawing from their experiences as women scientists, advocates, and artists in the movement, the speakers highlighted the critical role women and girls can play in addressing the climate emergency.

“We need to make sure that all the sectors are involved because at the end of the day, the data is not ours, but it’s theirs. It’s really important that they’re part of the [development process] at the inception.”

- Ms. Danica Marie Supnet

Poems generated by the RewriteCOP campaign lined the room, bridging art and storytelling to express vulnerable communities’ experiences with climate change.

Rewriting the climate change narrative

The event also held an exhibit of ReWriteCOP artworks, showcasing the grassroots stories of climate-vulnerable communities in the Philippines.

RewriteCOP engages the youth and other vulnerable sectors to share their stories through art and poetry, in hopes of influencing climate action policy.

Mariel Prion, a young Climate Reality Leader from Rizal, expressed her appreciation of the arts as a tool of climate expression.

“Art gives a voice to those who create it; and as we deal with the worsening effects of the climate crisis, women across the Philippines utilized [the arts] to record and share their climate stories as we continue to redefine our human experience amidst a changing climate,” said Prion.

This exhibit has made its rounds across the globe, gracing the side events of the UN Climate Change Conferences in Dubai, United Arab Emirates in December 2023 and the Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, DC early this month.

***

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Tags gender and climate change, rewritecop, women

Statements

Statement on ADB’s Indirect Financing for Fossil Fuels

Post author By climaterealityph
Post date April 30, 2024

Statement on ADB’s Indirect Financing for Fossil Fuels

April 30, 2024

Building new or supporting the expansion of coal power plants should have no place in the investment portfolio of the Asian Development Bank (ADB) and all multilateral development banks.

A recent report by Inclusive Development International revealed that the ADB’s $600 million loan to Indonesia’s state-run electricity utility Perusahaan Listrik Negara, supposedly meant to promote the use of clean energy, is bankrolling the expansion of the Suralaya Power Station, Southeast Asia’s largest and dirtiest coal complex, and over a dozen other coal projects.

This runs contrary to ADB’s own Energy Policy 2021, which vowed not to support coal mining, processing, storage, transportation, and any new coal-fired power generation. The ADB must then ensure that coal exclusion clauses are explicit in loan agreements and that funds are disbursed in a separate account, as they require so themselves, so funds meant for green projects will not be mixed with fossil fuel projects.

The ADB should come clean and prove that they are what they claim to be—a climate bank.

The upcoming annual meeting of the ADB Board of Governors in Tbilisi, Georgia this week presents a critical opportunity to chart a course towards a clean energy future for the region.

ADB, clmate finance, fossil fuels, just energy transiiton, renewable energy

Latest News & Stories

09Mar

Tags ADB, clmate finance, fossil fuels, just energy transiiton, renewable energy

More businesses favor renewable energy through GEOP

Latest News & Stories

GEOP to accelerate RE development and utilization in PH

Latest News & Stories

Financing Our Future: A Call to Action for the World Bank and IMF

Finance holds the key to unlocking progress to ambitious climate action.

1. End all financing for fossil fuel projects worldwide.

2. Provide debt relief for climate action.

3. Make adaptation money more accessible.

4. Make the new Loss and Damage Fund work for the most vulnerable.

5. Ensure climate-friendly development.

6. Boost climate action and development for low-income countries.

7. Give climate-vulnerable countries a fair share of the pie.

8. Provide a seat at the table for climate-vulnerable nations.

Latest News & Stories

Hospitals: Power up your future with clean energy at the REalize Conference

Latest News & Stories

Climate Reality PH honors Filipina Changemakers

Women climate advocates take center stage at “Filipina Changemakers: Champions For Climate Resilience,” a forum and an exhibit held at the Senate of the Philippines on 29 April 2024.

Climate change is not gender neutral

Keynote speaker Senate President Pro Tempore Legarda urged policymakers to provide opportunities for women and girls to be part of the conversation surrounding climate action.

From L to R: Climate Reality Leader Peachie Dioquino-Valera, Dr. Abigail Faye Cruz, Senator Loren Legarda, Desiree Llanos Dee, Danica Marie Supnet, and Climate Change Commissioner Rachel Anne Herrera.

Poems generated by the RewriteCOP campaign lined the room, bridging art and storytelling to express vulnerable communities’ experiences with climate change.

Rewriting the climate change narrative

Latest News & Stories

Statement on ADB’s Indirect Financing for Fossil Fuels

Building new or supporting the expansion of coal power plants should have no place in the investment portfolio of the Asian Development Bank (ADB) and all multilateral development banks.

Latest News & Stories

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