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The government has committed to fast track its transition toward clean energy by pursuing more renewable energy sources amid the worsening impact of climate change.

Finance Secretary Benjamin Diokno MANILA - Finance Secretary Benjamin Diokno said President Ferdinand "Bongbong" Marcos Jr. will continue pursuing a whole-of-nation approach in mitigating climate risks, as the Philippines commits to be at the forefront of global climate action. "The Philippines is one of the countries at highest risk for climate-related disasters. We are thus determined to be a world leader in this fight against the crisis," Diokno said at the G20 high-level breakfast discussion on climate change mitigation held last Saturday. The G20 or Group of Twenty is ...

The Bangko Sentral ng Pilipinas (BSP) on Tuesday, July 12, announced that it will issue the third phase of sustainable finance regulations next month, signalling a “wider adoption” of sustainability principles in the domestic financial system. "The BSP recognizes the urgency of promoting the sust

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said on Friday, Feb. 25, that they have invested in the Bank for International Settlements’ (BIS) Asian Green Bond Fund. The fund is part of the BIS Investment Pool or BISIP and is called the BISIP G3. “The BSP’s decision to invest

BSP to invest in Asian Green Bond Fund By LEE C. CHIPONGIAN The Bangko Sentral ng Pilipinas (BSP) will invest in the Asian Green Bond Fund this year. The Asian Green Bond Fund is managed by the Bank for International Settlements (BIS) to help central banks focus their reserves towards green finan