In this #EarthDay2022 special of #RealiTalk, Philline reminds us why the time is right for renewable energy transition in the Philippines and how the transition could provide affordable, reliable, and secure energy to the Filipino people, especially to Mindanaoans.
The Department of Energy (DOE) is taking the right steps toward achieving energy security and affordability in the country. This was the reaction of The Climate Reality Project Philippines to the recent pronouncement of the DOE that it will issue in the third quarter of this year a new policy declaring all renewable energy (RE) plants as preferential dispatch units in the wholesale electricity spot market (WESM).
In our column ‘Eleventh Hour’ this week, Pinoy Climate Reality Leaders Laurice Aquino and Kristine Galang asked, “Can the next set of leaders address the need to embed climate action and sustainability in our national and local economic development plans?”
The next set of leaders must put an end to policies that favor fossil fuel companies, specifically provisions that allow them to pass the higher costs on to the Filipino people. This was reiterated by Ms. Nazrin Castro, Philippines Branch Manager of The Climate Reality Project, during the briefing organized by the Institute for Climate and Sustainable Cities (ICSC) entitled “Looming Elections and Power Outages: Advancing affordable, reliable, and secure energy in the next administration.”
In our Manila Bulletin column Eleventh Hour this week, Pinoy Climate Reality Leader Mark Napao shared his journey on founding SOLAR Hope— a non-profit organization providing solar home systems and other sustainable solutions to unelectrified communities in the Philippines.
Since its establishment in 2017, Solar Hope has adopted nine communities, lighted 1,253 homes with solar systems, empowered 1,516 Beacons of Hope, and avoided an estimated 185,868 kg of CO2 emissions.
Although sustainability has become the core priority of today’s corporate boards, the need for directors to enhance accountability and operationalize environmental, social and corporate governance (ESG) principles in leadership strategies has outpaced performance. For companies looking to establish their presence for the long-haul, this can only pave the way for a more resilient, high efficiency future.
This was the overarching message delivered in the webinar organized by the Institute of Corporate Directors (ICD), the Institute for Climate and Sustainable Cities (ICSC), and The Climate Reality Project Philippines.
