EconomyForex

BW Insights: “The Philippines’ Energy Transition Roadmap”

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The Intergovernmental Panel on Climate Change stated that shifting to renewable energy is among the top solutions to at least halving global greenhouse gas emissions by 2030. As a tropical archipelago, the Philippines has substantial incentive to fear the effects of climate change. Worsening typhoons and rising ocean levels, not to mention dangerously intense heat waves and extensive damage to natural resources, can put millions of Filipinos at risk.

Much of this burden falls onto the shoulders of the country’s energy sector, as facilitating a smooth transition to clean and sustainable energy systems can contribute to the global effort towards a net-zero future. To aid in this endeavor, the Philippine Electricity Market Corp. has partnered with the United Nations Office for Projects and Services to launch a study aimed at establishing an energy transition roadmap and introducing market mechanisms and enhancements promoting participation in the market of renewable and sustainable technologies while encouraging supply stability and diversification.

Learn that and more this August 24, Wednesday at 11 a.m. in BusinessWorld Insights, themed “Energizing a Cleaner and Greener Future”.

Catch experts as they discuss the topic “The Philippines’ Energy Transition Roadmap” LIVE and FREE on BusinessWorld’s and The Philippine STAR’s Facebook pages.

This session of #BUSINESSWORLDINSIGHTS is supported by the Bank Marketing Association of the Philippines, Management Association of the Philippines, Makati Business Club, Philippine Chamber of Commerce and Industry, Philippine Franchise Association and The Philippine STAR.

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