Philippines offers $500m in green bonds to European investors
Philippine finance secretary Carlos Dominguez has sought European investors’ support for an inaugural government green bonds offering worth at least $500m to raise funds for clean energy projects, his department said on Friday.
FutureNow: PGA Cars leads sustainable mobility in Philippines
MANILA, Philippines — Through its “FutureNow” program, the leading importer and distributor of premium auto brands in the Philippines is currently engaged in various initiatives aiming to achieve carbon neutrality, one of which is promoting the use of fully electric vehicles.
Govt raises P367B from fuel marking
THE government has so far collected more than P367 billion in duties and taxes through its fuel-marking program, data from the Finance department showed.
Electric vehicles getting up to speed with the mainstream
With the growing concern about climate change and rising energy costs, more and more companies in the Philippines are racing to put electric vehicles (EVs) on the road.
The electric car push is serious
Three of the world’s most prolific auto manufacturers have already gotten into deal where they plan to reduce their internal combustion engine production to almost zero and turn to electrification in the next decade.
New Green Financing Framework for the Philippines
A Sustainable Finance Framework has been established by the Republic of the Philippines (ROP) to boost its sustainability commitments.
Philippines’ Duterte defends $565-million gas deal after senate endorses complaint
MANILA, Feb 4 (Reuters) – Philippines President Rodrigo Duterte on Friday defended the sale of an oil and gas concession to a firm controlled by a tycoon ally after a senate panel approved the filing of charges against energy ministry officials.
Philippines launches 2 GW renewables auction
The Philippines’ Department of Energy has launched an auction to allocate 2 GW of renewable energy capacity.