Federico P. Tancongco, senior vice president and chief compliance officer of the Philippines' largest lender, tells Eco-Business why he does not foresee the bank walking back on its commitments to tighten coal-related financing.
Wind and solar expansion in the archipelago could mean renewables targets are met, but it has also worried environmentalists. A proposed wind farm in the Masungi Georeserve in Rizal province could impact up to a thousand hectares of karst landscape.