Center for Energy, Ecology, and Development @CEEDphilippines
CEED is an independent, non-governmental think-do institution tackling issues of energy, ecology, and development. ceedphilippines.com National Capital Region Joined December 2017-
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Finance is slowly moving into RE investments in the Philippines. Still a long way, specially on gas financing. Testament of the power of peoples and communities taking the power back.
Finance is slowly moving into RE investments in the Philippines. Still a long way, specially on gas financing. Testament of the power of peoples and communities taking the power back.
🏅 @chinabankph, BDO, @AUBofficialph, @TalktoBPI🏅 These four banks poured the most financing into fossil fuels among PH banks. Learn more by reading the 2024 Fossil Fuel Divestment Scorecard. Scan and download your copy of the report at bit.ly/2024FFDScoreca…
The 2024 Fossil Fuel Divestment Scorecard is out! Over the last 14 years, the amount of financing for RE is only half of the amount PH banks poured into fossil fuels. The imperative of an urgent transition means banks should move past financing coal and gas. How are they faring?
This year's scorecard takes into account PH banks' renewable energy financing to analyze the pace and magnitude with which the banks are aligning with climate& energy transition imperatives. Join us tomorrow April 17, 10AM as we launch the 2024 Fossil Fuel Divestment Scorecard.
🗳️ Run up to the 2024 AGMs : shareholders must use their strategic routine votes to oppose oil and gas expansion! Here are our voting recommendations to put an end to development strategies that are contributing to climate chaos ⤵️ reclaimfinance.org/site/en/2024/0…
The upcoming trilateral between the PH and fossil champion Japan, alongside US, will be a test for our government's commitment to the energy transition. The Philippines must say no to fossil fuels, and Japan should stop forcing dirty energy on us. #SayonaraFossilFuels #ProtectVIP
The upcoming trilateral between the PH and fossil champion Japan, alongside US, will be a test for our government's commitment to the energy transition. The Philippines must say no to fossil fuels, and Japan should stop forcing dirty energy on us. #SayonaraFossilFuels #ProtectVIP
40-50 degrees celcius heat waves across Ph and SEA is just the beginning. But we can still avert increasing summer heat waves and climate exacerbated El Nino. Sayonara Gas/LNG and Fossil Fuels! @CEEDphilippines @protectVIP_ph
40-50 degrees celcius heat waves across Ph and SEA is just the beginning. But we can still avert increasing summer heat waves and climate exacerbated El Nino. Sayonara Gas/LNG and Fossil Fuels! @CEEDphilippines @protectVIP_ph
Japan's expansion of gas & LNG across Asia and globally is a red flag 🇯🇵 As President Marcos meets with PM Kishida, we are calling attention to the Japanese funding of LNG projects in the Philippines. Japan must #StopLNG expansion and stop derailing clean energy transition!
Clean energy think tank Center for Energy, Ecology, and Development (CEED) has raised concern on the Japanese government’s push for Asia Zero Emission Community (AZEC) platform in the Philippines. Click the photo to read more: gmanetwork.com/news/money/com…
CEED expresses concern on Japan’s financing of fossil fuel energy trib.al/TFgy3q1
President Marcos entered office with a pledge to make renewable energy his climate agenda. But with a fossil-friendly policy direction, backed by dirty energy champions like 🇯🇵, we're instead embracing gas and fossil fuels in a rapidly warming world. READ: energytracker.asia/philippines-is…
Unlocking RE is the key, not putting up more gas 🔎 PH govt must examine the Japanese-led Asia Zero Emission Community (AZEC)rollout in the country led by Japan Bank for International Cooperation (JBIC) + San Miguel, Aboitiz, Metro Pacific Investment. mb.com.ph/2024/4/8/group…
San Miguel Corporation, one of the major destroyers of the Verde Island Passage, included in the #Dirty30 fossil fuel companies @toxic_bonds announced SMC to be one of the top 30 worst companies in the world that are using the bond market to finance coal, oil and gas expansion.
@kishida230 must stop derailing the energy transition & sacrificing our communities & planet for Japanese corporate interests. Check out this strong op-ed by @CEEDphilippines and @PriceofOil before Kishida's visit w/Biden. #StopLNG #FossilFreeJapan newsweek.com/japanese-pm-ki…
First use of imported LNG (liquified natgas)in the Ph has caused higher cost of electricity to an already inflated high prices in the industry. Not withstanding the climate implications of this madness - we are already reeling from 43-48C heat state. We cannot allow this further.
First use of imported LNG (liquified natgas)in the Ph has caused higher cost of electricity to an already inflated high prices in the industry. Not withstanding the climate implications of this madness - we are already reeling from 43-48C heat state. We cannot allow this further.
SMC is lone Philippine company in global ‘Dirty 30’ list of worst fossil companies @CEEDphilippines oeconomedia.org/statements/smc… via @oeconomedia
The updated @toxic_bonds Dirty 30 now includes San Miguel Corporation among the worst fossil companies funding their expansion on the bond market. READ MORE: ceedphilippines.com/press-release-…
@BankofAmerica @mizuhobank @mufgbk_official @Citi @DeutscheBank @StanChart @jpmorgan @Barclays 4 new companies have been added to the list that no one wants to be on. The new fossil fuel bond issuers that have been added to the #Dirty30 include: 🚨 @conocophillips, @eni, @adaro and @SanMiguelCorporation Learn more about their misdeeds here: toxicbonds.org/unveiling-the-…
🚨BREAKING! We have updated the bonds issued by the 30 worst fossil fuel expansionists: #Dirty30. These coal, oil and gas companies have over $600 billion in bonds on the market 👉 toxicbonds.org/Dirty30
⏰This op-ed couldn't be more timely following Japan's approval of $2.7 billion in new gas financing last week. 💰💰💰 👉Prime Minister @kishida230 must stop financing fossils and harming our communities & planet. #StopLNG #FossilFreeJapan newsweek.com/japanese-pm-ki…
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Climate and energy advocates ramped up calls for a shift away from “expensive and unreliable” fossil fuels in the wake of recent power plant outages and capacity reductions. philstar.com/headlines/clim…
.@WorldBank President Ajay Banga said he'd meet Aaron Pedrosa from @PMCJ_ph over 6 months ago, to discuss PMCJ's case against IFC's funding a #coal boom in Philippines 👉A meeting has not yet happened 👉Remedy is yet to be provided @AcctResearchCtr @PMCJ_ph @jampedrosa @IFC_org
🚨@kishida230 is hellbent on building new gas projects in 🇺🇸🇵🇭🌎. @japan_gov is one of the world’s top public funders of gas & LNG. ✊But frontline communities & climate activists around the 🌎 are resisting - including in DC today. Kishida & Biden, are you listening? #StopLNG
First use of imported LNG (liquified natgas)in the Ph has caused higher cost of electricity to an already inflated high prices in the industry. Not withstanding the climate implications of this madness - we are already reeling from 43-48C heat state. We cannot allow this further.
Japan 🇯🇵 is fueling a gas buildout in Southeast Asia - throwing the 1.5°C goal down the drain, exposing us to volatile energy prices, and harming communities and biodiversity. SEA needs 100% renewables, 🚫NOT gas🔥! More on this piece: newsweek.com/japanese-pm-ki…
The sinking of oil tanker MT Princess Empress in Oriental Mindoro last year caused at least P41.2 billion worth of damage to the environment and coastal communities, according to a report by @CEEDphilippines. philstar.com/headlines/clim…
Anyone here around Mindoro on weekend? We are working on a large scale mural for the anniversary of oil spill on Feb 28. Art Atak!
Thinking about this @NRDC #LNG roundtable at #COP28 gives me hope for global collaboration in 2024 to move past #fossilfuels. Thanks @SenMarkey, @SenWhitehouse, & this amazing group of environmental leaders from around the world for the rich discussion. 📷Kevin Handy
Japanese government-funded 'green transition' projects in Southeast Asia are aimed more at creating business for Japanese companies than truly going green, argues Philippine congressman @iamRaoulManuel asia.nikkei.com/Opinion/Japan-…
BREAKING: More groups end their relationship with @Barclays because it refuses to stop financing companies *GROWING* oil and gas There seems to be an exodus of clients causing a PR headache for the bank You know what to do @Barclays By @rspearecole standard.co.uk/business/busin…
ICYMI: Here are @BusinessMirror front pages this week. We have a lot more content available on businessmirror.com.ph or via quick links: businessmirror.com.ph/quicklinks/ @sam_medenilla @chuchayfernandz @jenggaroo333 @DennisEstopace
48 hrs after #COP28 where Australia said “If we are to keep 1.5°C alive, fossil fuels have no ongoing role to play” 1 month after signing a Treaty that commits to “help the citizens of Tuvalu stay in their homes” Now… Australia is going to give $3.5 BILLION to a new gas hub?
New docs reveal that taxpayers could be on the hook for $3.5 BILLION for the Middle Arm gas export hub, more than twice the $1.5b so far committed by the Albanese Govt. It’s a massive fossil fuel subsidy, at odds with claims of fossil fuel phaseout. abc.net.au/news/2023-12-1…
Silence on the 1.5°C goal from the Philippine delegation would be a disservice to Filipinos, warns @avrildetorres of @CEEDphilippines. #CCMP Fellow @jeegeronimo reports on the urgent need for the Philippines to advocate for a just energy transition: buff.ly/3uRXioq
From the Gulf South to the Philippines (and more) — people everywhere are rising up to stop LNG and #EndFossilFuels. Let’s break the fracked supply chain at #COP28!
#COP28 runs into overtime as most countries argue that a clear deal to phase-out fossil fuels is crucial to the success of this year's summit. @earthjournalism @StanleyConnect #CCMP
🚨 Happening now 🚨 ‼️In the last ditch hours of #COP28 activists are gathering outside negotiating halls to demand a fossil fuel phaseout NOW‼️ 📣 It’s the END of fossil fuels 📣 #EndFossilFuels
The GST is one of the biggest features of the climate conference, as it sees parties taking stock of climate action and gaps to keep global temperature rise from going beyond the Paris Agreement goal of 1.5°C or the less ambitious 2°C.
Leaders from the Catholic Church in the PH present at the COP 28 climate talks urged global leaders to land at a decision that will put an end to the proliferation of fossil fuels, and help avert worse suffering for poor and vulnerable peoples most impacted by climate change.
BREAKING #COP28: Small Island Developing States @AOSISChair very concerned by the current draft text: “weak langage on fossil fuels”, “completely insufficient”. “It doesn’t refer to a phase out at all.” “Any text that compromises 1.5°C will be rejected.” Minister Cedric Schuster