NIGS.SCIENCE.UPD.EDU PRESIDENT Ferdinand R. Marcos, Jr. has appointed a geologist with expertise on water and climate change as undersecretary of the Department of Environment and Natural Resources (DENR). In an appointment letter dated Dec. 28 and made public on Feb. 14, the president appointed Carlos Primo C. David as DENR undersecretary for scientific and technical […]
Tag: climate
Ripples of the global green movement in the Philippines
The past years saw climate change, defined by World Health Organization (WHO) as “the change in climate in time due to human activities,” becoming a more intensified global issue, as well as a major factor in health risks. Former WHO Director Dr. Margaret Chan said that the climate crisis affects daily livelihood, including the social […]
PHL mangrove losses second worst in region
THE PHILIPPINES lost 10.5% of its mangrove trees between 1990 and 2010, trailing only Myanmar’s losses of 27.6%, which are reckoned for the separate period of 2000 and 2014, the University of the Philippines said in a study. The study surveyed 300 mangrove sites across Southeast Asia with the goal of filling “large gaps in […]
Bangsamoro region gets World Bank, UNDP help on beefing up disaster management
THE BANGSAMORO region in southern Philippines is getting support from the World Bank and the United Nations Development Programme (UNDP) as it beefs up its disaster management capacity following the impact of a tropical storm in October where 62 people died and thousands were displaced. A program called PlanSmart Ready-to-Rebuild (R2R) kicked off last week, […]
What key COP27 outcomes mean for PHL companies
It’s been almost a month since the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) concluded. In November 2022, stakeholders from the public and private sectors around the world gathered to delineate the next steps and help ensure that the existing goals to tackle the climate crisis are […]
BSP launches sustainability agenda
THE BANGKO Sentral ng Pilipinas (BSP) on Thursday launched its 11-point sustainable central banking (SCB) agenda as it seeks to mitigate climate risks by advocating green policies and practices. “Very obviously, climate change would affect food supply and, as we know from our own history of inflation, this could lead to large supply shocks,” […]
EU agrees to move forward with developing-nation green finance
THE European Union has agreed to “operationalize” the Green Climate Fund to help developing countries tap financing for their climate projects, Malacañang said, following a meeting in Brussels between President Ferdinand R. Marcos, Jr. and European Council President Charles Michel. In a statement on Tuesday, the Office of the Press Secretary said the meeting took […]
Hitachi High-Tech Achieves CDP’s Highest Score of “A List” in Climate Change for the First Time
TOKYO, Dec 13, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi High-Tech Corporation today was selected for the 2022 “A List” by CDP(1), a non-governmental organization that conducts environmental research and information disclosure globally, out of more than 10,000 companies that were evaluated for their climate change initiatives and transparency in information disclosure. In 2010, […]
NEC named to the CDP “A List” for advanced Climate Change and Water Security initiatives four years in a row
TOKYO, Dec 13, 2022 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (TSE: 6701) has been recognized for leadership in corporate sustainability by global environmental non-profit CDP(1), securing a place on its prestigious “A List” four years in a row for tackling climate change, as well as acting to protect water security. NEC has set […]
Philippines can’t deliver on climate programs without stronger budget, int’l financing commitments — ADB
THE PHILIPPINES needs to budget more effectively and tap more financing for its climate-change mitigation efforts, given the limited internal resources available to meet its international commitments, the Asian Development Bank (ADB) said. “With only 2.7% of the 75% (emissions reduction) target to be financed through the public budget, turning ambition into delivery will depend […]
Marcos to attend APEC Summit in US in November, says ambassador
PHILIPPINE President Ferdinand R. Marcos, Jr. will attend the Asia Pacific Economic Cooperation (APEC) Summit in the United States in November, according to its ambassador to the US. “President Marcos will be coming in November for the APEC meeting in the West Coast,” Philippine Ambassador Jose Manuel G. Romualdez told CNN Philippines on Thursday. “I […]
Philippines signs deal to prepare agencies to tap climate financing
THE Department of Finance (DoF) said it has signed an agreement with the Global Green Growth Institute (GGGI) to prepare government financial institutions and agencies to tap the Green Climate Fund (GCF) for project financing. “This program will bolster the country’s capacity in planning, accessing, delivering and monitoring climate finance through this new global financial […]
ADB touts microfinance role in building resilience vs climate change
MICROFINANCE institutions (MFIs) should be tapped in helping build resilience against climate change, especially for poorer and more vulnerable communities, according to the Asian Development Bank (ADB). “Economic development supporting small- and medium-sized enterprises contributes to the resilience of the poor and vulnerable, including in urban areas,” the ADB said in a report. “Building resilience […]
Marcos tells APEC leaders: All global threats redound to food insecurity
PHILIPPINE President Ferdinand R. Marcos, Jr. told world leaders on Thursday that global threats such as climate change and conflicts redound to the fundamental concern of ensuring sufficient and sustainable food supply. “First, food security is a serious global problem. This is felt by every household, by every family, by everyone,” Mr. Marcos said in […]
COP27 inspires global community to tackle climate change: Pertamina
JAKARTA, Nov 14, 2022 – (ACN Newswire via SEAPRWire.com) – The UN Climate Change Conference (COP27) 2022 can inspire the global community and all parties to increase contribution to tackling climate change, according to Senior Vice President of Strategy and Investment of Pertamina Daniel Purba. Senior Vice President of Strategy and Investment of Pertamina Daniel […]
WB expects PHL climate mitigation efforts to be led by private sector
THE Philippine climate change mitigation effort will be borne largely by the private sector, the World Bank (WB) said in a report, adding that the absence of policies optimized for unlocking private investment could erode gross domestic product (GDP) by as much as 13.6% in the worst case. “It is absolutely key that the incentives […]
Green business to reduce 26 million tons of CO2 by 2060: Pertamina
JAKARTA, Nov 7, 2022 – (ACN Newswire via SEAPRWire.com) – Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction. “Pertamina targets New Renewable Energy […]
Emerging markets need climate cash. How will they get it?
Demands from developing countries for richer nations to help them pay for the damage caused by climate change and fund the shift towards a low-carbon future look set to dominate the next round of global climate talks starting in Egypt on Sunday. Despite repeated calls for more help, actual financing offered to date has come […]
Recovery prospects seen boosted by regional R&D, climate change collaboration
TRIVENITURBINES.COM REGIONAL collaboration in research and development (R&D) and technology to mitigate climate change is expected to drive economic recovery, by making products and investment projects more viable, executives said at a virtual conference. “Cross-border collaboration is vital… We look more broadly as to how we can further collaboration. People-to-people exchanges will lead to a […]
PHL lawmaker calls on vulnerable nations to unite in pushing for accountability from big polluters
A PHILIPPINE lawmaker said nations that are most vulnerable to climate change should band together in pushing for more direct compensation systems from the world’s biggest polluters. Albay Rep. Jose Ma. Clemente S. Salceda said he hopes that vulnerable countries will form a united front in the 2022 United Nations Climate Change Conference in Egypt […]