News & Features

Tag: energy

Eleventh Hour: Why Mindanao is key to the clean energy future of the Philippines

In this week’s article for our Manila Bulletin column Eleventh Hour, Climate Reality Leader Philline Donggay highlighted the opportunity to deprioritize building utility-scale power plants requiring large transmission towers and advance distributed and decentralized clean energy systems that will better cater to the small pockets of unelectrified communities in the Mindanao region.

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BDO, BPI, DOE call to bridge clean energy financing gap

Banco de Oro (BDO) Capital and Investment Corporation and the Bank of the Philippine Islands (BPI) today called for the shift of financial flows towards the 1.5 degrees Celsius global warming threshold of the Paris Agreement in order to address climate and energy transition risks and increase resilience. They also stressed the critical need to address challenges in financing renewable energy projects, as raised by Department of Energy Undersecretary Felix William Fuentebella.

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