Amid escalating climate losses and no net zero goal in sight, a newly proposed Low Carbon Economy Investment Act and ambitious private sector-led initiatives only way for Philippine industries to decarbonise.
But the island will have to keep both priorities and decarbonise its AI sector. At a press conference before its energy trade show now delayed by a typhoon, industry players touted battery storage as key to meeting Taiwan's renewables expansion needs.
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.
EB Studio
Urban Asia is facing a perfect storm. Sea levels are rising, rainfall is becoming erratic, yet more people than ever are moving into cities, leading to tensions and pressures. This report looks at how Asia’s coastal cities can adapt.