Philippines
The Challenges of Financing Renewable Energy Projects in the Philippines
The Philippines has made progress in developing more renewable energy projects for its power sector. However, domestic banks need to streamline the process to bring more projects online and level the playing field between projects backed by politically connected corporate interests and smaller investors without the advantages of political and corporate backing.
LNG Projects in the Philippines: Share of San Miguel Corporation
The Philippines continues its liquefied natural gas (LNG) development trajectory despite its cost, environmental impact and widespread disapproval. Manila-based conglomerate San Miguel Corp. (SMC) is spearheading this development.
Climate Change Laws And Policies In The Philippines
The Philippines is one of the most at-risk countries for climate impacts. As a result, the country has implemented laws and policies to implement climate mitigation and adaptation into its core processes. However, these policies must be updated and enforced to create long-term change.
Water Pollution in the Philippines: Causes and Solutions
The Philippines' Water pollution primarily stems from industrial processes, agriculture and domestic sewage. These sources create poor water quality across the country and are tied to environmental, economic and public health concerns. Stricter regulation and increased sanitation services are critical to improving the country's water quality.
Air Pollution in the Philippines – Solutions
Air pollution is one of the Philippines' top environmental concerns. It leads to major economic and human health losses. The government must update its emissions regulations and encourage a shift away from fossil fuel energy sources.
Environmental Issues Around San Miguel Corporation Deter Investors
In one way or another, SMC is a part of the daily life of many Filipinos and its actions have serious implications. Financiers and investors should be wary of this.
Solar Energy in the Philippines – Current State and Future
The Philippines has been steadily investing in building out its solar energy capacity. The country's high levels of solar irradiation and large density of islands make solar a great choice. Hopefully, the Philippines can be a leader for the region and provide an example to neighbouring countries regarding the implementation of wide-scale renewable energy.
Hydropower in the Philippines – Role and Future
The Philippines aims to generate 35% of its energy from renewable sources by 2030. This plan will increase hydropower capacity by over 160% through incentivising local and foreign investment. The Department of Energy has already approved 450 new hydropower facilities in recent years, and we expect this trend to continue into the coming decades.
Wind Energy in the Philippines – Present and Future
The Philippines has significant onshore and offshore wind potential, but it has remained largely untapped. However, with its renewable energy goals, a growing number of wind farms are appearing across the country. This includes the largest wind energy facility in Southeast Asia.
Renewable Energy in the Philippines – Current State and Future Roadmap
The Philippine's is quickly becoming a renewable energy leader in Asia, with its ambitious targets and plans to contribute and reach net-zero.
Climate Change in the Philippines and Its Far-reaching Impacts
The Philippines is ranked as one of the most climate-vulnerable countries in the world. Climate-driven events like extreme weather and coral bleaching will significantly impact the country's economy and local livelihoods in the coming decades. The government must implement resilience strategies in the near term.
Environmental Issues in the Philippines and New LNG Projects
The fossil gas expansion in the Philippines, mainly fueled by SMC, is taking place amid the worsening climate and energy crisis. The move risks burdening the nation with high energy costs, unreliable supply, stranded asset risk, increased energy dependency and a devastating impact on the environment.
False Solutions to Climate Change Promoted in Southeast Asia Pose Various Risks
Instead of helping Southeast Asia wean itself off fossil fuels, ammonia-hydrogen co-firing solutions and CCS risk perpetuating their use and locking climate-vulnerable countries into a future of high emissions, air pollution and ecosystem disruption.
Clean Coal vs Renewables: Economic Costs and Gains For Southeast Asia
Despite the subsidies and industry support, Japan’s proposed technologies are struggling to prove promising even at home. Yet, it aims to export them to countries with much more fragile economies and significant challenges. Crunching the numbers reveals that Southeast Asia has a lot to gain if its pursues renewables instead.
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