Strengthening resilience: Scaling the Philippine private sector’s net zero ambitions

Strengthening resilience: Scaling the Philippine private sector’s net zero ambitions

The Philippines is on a cusp of a massive low-carbon economic transformation. 

Current regulations aim to galvanise finance for developments aligned with the country’s sustainable development goals. This transition, however,  will require a swift move away from coal towards the rapid adoption of renewable energy. 

The Philippines’ goal of reducing greenhouse gas emissions by 75 per cent by 2030 remains conditional and will depend on broader access to finance and stronger policy support. 

The nation’s Low-Carbon Economy Bill promises mechanisms to enable the country to seize economic opportunities as it transitions.

Ahead of this legislation being enacted, the private sector is increasing its net zero ambitions, driven by mandates from global headquarters, geopolitical pressures, and cross-border policies. This momentum, however, which will help the nation reduce emissions and mitigate climate-induced impact down the line, will prove crucial for the country to maintain. 

What will it take for the Philippines’ private sector to scale up its net zero ambitions and actions? How can businesses gain from the economic opportunities arising from this transition?

Come 19 September 2024 at Rockwell The Fifth, Makati City, Eco-Business, Asia Pacific’s leading and largest media and intelligence unit dedicated to ESG and sustainable development, and the Net Zero Carbon Alliance, the largest private sector-backed organisation advocating for and advancing progress on net zero, will unveil the Net Zero Conference 2024. 

The Net Zero Conference is an annual flagship event that gathers policy leaders, financial institutions, businesses, and stakeholders, to discuss strategies necessary for unlocking new economic opportunities and, in doing so, guide the Philippines’ private sector towards a meaningful, equitable, and sustainable net zero transformation.

This year, we have curated an agenda to help scale the net zero progress among the country’s private sector actors. In addition to thought leadership panels, we are delivering deep-dive workshops, and we have selected a few partners to help us shape these conversations and drive impact. 

Join us at Net Zero Conference 2024!

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