Climate investment must be good business

OVER the past few months, a common theme among institutions concerned with combating climate change is that there must be a substantial increase in private sector investment in climate adaptation and mitigation. Public sector resources coursed through various institutions such as the UN-managed climate funds, the World Bank, the Asian …

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WB approves PH’s $750-M climate resilience loan

At a Glance The World Bank approves the $750 million Philippines First Sustainable Development Policy loan. According to the World Bank, the new financing supports ongoing government reforms to attract private investment in renewable energy, enhance plastic waste management through reduction, recovery, and recycling, as well as promote green transport. …

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