Several big insurers have pulled out of the coal business due to their exclusion policies in recent years. The investor group's regional network plans to start persuading these players to consider covering early retirement transactions.
The Philippines has no formal net-zero commitment, reminds congresswoman Anna Victoria Veloso-Tuazon at the Unlocking capital for sustainability event held in Taguig. The new bill can bridge the climate investment gap and help businesses become Paris-aligned.
This special report looks at how a coal plant in Batangas, Philippines, could become the world’s first to be retired using the novel class of carbon credits. Are the methodologies sound, and how will just transition plans be implemented?