News
Regulation
September 16, 2024
Subic Freeport aims to achieve carbon neutrality with new green initiatives
The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
May 03, 2024
Philippines sets goals to double solar, quadruple share of wind in power output
Philippines aims to increase solar power share to 5.6% and wind power share to 11.7% in 2030, up from 2.4% and 3.1% respectively in 2024, according to government presentation, potentially leading to one of the cleanest grids in the region.
March 01, 2024
Carbon emission trading is best for Philippines: business group
The Philippine government is currently deliberating on how to implement carbon pricing, considering options between a carbon tax or an Emissions Trading System (ETS). The influential Makati Business Club (MBC) has publicly supported the latter and emphasi
January 24, 2024
Closing Philippine coal plants 5 years earlier could cut 290 million tons of CO2
Terminating coal plants in the Philippines five years before original retirement date could prevent the release of 290 million tons of carbon emissions, as indicated a report from climate tech thinkthank TransitionZero.
December 28, 2023
Philippine Congressional think tank questions need for carbon tax
The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
November 27, 2023
Philippines ready to sell sovereign carbon credits, says lawmaker
The Climate Change Commission of the Philippines and Maharlika Carbon Technologies signed a memorandum of cooperation last Friday to jointly promote voluntary carbon credits and sovereign carbon credits.
November 21, 2023
Opinion: The Philippines’ decades-long tug-of-war between coal and renewables
Why does the Philippines lag in generating renewable energy today when they were one of the leaders two decades ago?
October 24, 2023
Philippines provides more incentives to firms using own renewable energy
Philippine Board of Investments (BOI) is giving more incentives to registered projects that will be supplying electricity by installing their own renewable energy facility.
December 09, 2022
Philippines greenlights foreign investors full ownership of renewables
The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
January 18, 2022
Philippines publishes list of renewables projects eligible for renewable portfolio standards
The Philippine Department of Energy (DoE) has unveiled the list of operational renewable energy projects that are eligible for the country’s renewable portfolio standards (RPS), which require electricity providers to source a certain percentage of their e