Business - Science and Environment | Philstar.com

Asset managers are not doing enough to attain the target of climate neutrality in 2050, according to a report published on Tuesday, with US firms backsliding.

ACEN Corp., Ayala Group’s energy unit, has closed the first of four phases of its acquisition of Super Energy Corporation Public Company Limited’s (SUPER) solar power firm in Vietnam, following their share purchase agreement last year.

Heart-wrenching images of revered elephants and cattle eating plastic in Sri Lanka have prompted politicians to toughen pollution laws, but sceptical conservationists warn past bans were repeatedly ignored.

The International Finance Corporation (IFC) will be working with Philippines-based engineering and construction enterprise First Balfour on accelerating the country’s transition to a green transport system, primarily through the promotion of electric vehicles (EVs).

In a statement on Tuesday, the Washington-based lender indicated that $750 million parked in the Philippines First Sustainable Recovery Development Policy loan will address development constraints.