Critical to the country’s energy security in the 1970s, geothermal is now re-emerging as the Philippines’ biggest clean energy advantage at a time when countries are seeking reliable, round-the-clock renewable power, says Francis Giles B. Puno, president and chief operating officer of First Gen Corporation.
The chief of a Manila-based nonprofit that advocates for climate finance transparency tells the EB Podcast that so-called Filipino resilience to natural disasters should not be an “excuse” for developers to dodge accountability for substandard flood control projects.
The sea-level rise expert has moved to Hong Kong – now seen as a gateway to more collaboration with China on climate science. But he tells the EB Podcast that data from US agencies is still critical for calculating climate defences in Asia.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.