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Asset managers not on track for climate target — report

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.
Science and Environment

Ayala completes first phase of Vietnam solar platform acquisition

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.
Science and Environment

Jumbo problem: Sri Lanka's battle with plastic pollution

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.
Science and Environment

IFC, First Balfour to tandem for e-vehicles campaign in Philippines

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).
Science and Environment

World Bank extends $750-M loan to Philippines for green investments

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.
Science and Environment

IPO prospect REDC bags clearance to develop Quezon wind farm

Report calls on San Miguel to abandon coal projects

World Bank suggests carbon tax as part of Philippines' decarbonization efforts

DMCI Power to build wind power plant on Semirara Island

Coming to the Philippines: Seawater pumped energy storage technology

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