Sec. Go Bullish Over Investment Prospects In New Clark City

Secretary Go is championing the CREATE MORE bill to boost fiscal incentives and ease of doing business in Clark. Exciting times ahead for investors!

Global Fintech Company Tala Awarded By Top-Tier Media Houses Forbes And CNBC

Exciting news! Tala is on Forbes' Fintech 50 and CNBC’s Disruptor 50 lists yet again! Recognized for empowering the underbanked!

How Financial Inclusion Enables Women Entrepreneurs To Thrive

Tala helps women entrepreneurs thrive in the Philippines.

Top AI Camera Phone HONOR Magic6 Pro Now Available Nationwide With Free HONOR Watch GS3!

Dive into the world of innovation with the HONOR Magic6 Pro! Visit the newest Experience Store in SM City San Lazaro and get your hands on the top AI Camera Phone today!

CCC Pushes For Zero Carbon Neutrality To Achieve Climate-Positive PH


CCC Pushes For Zero Carbon Neutrality To Achieve Climate-Positive PH


How do you feel about this story?


The Climate Change Commission (CCC) has ongoing discussions with an environmental consulting service for possible collaboration to promote the development of carbon emission-reducing projects in the Philippines.

In a news release Tuesday, the CCC reported that Guangzhou Iceberg Environmental Consulting Services general manager Ji Bao made a courtesy call to Commissioner Albert dela Cruz to propose possible partnerships that would enhance the country’s initiatives in carbon reduction.

Ji said these could be achieved through projects like forestry carbon sinks, hydropower and wind power stations and biogas utilization.

He cited that the model of promoting global carbon reduction through market mechanisms has been gradually established over the past three decades from the United Nations Framework Convention on Climate Change in 1992, to the Kyoto Protocol in 1997, and then to the Paris Agreement in 2015.

“After the government officially announced the dual carbon goals last year, ‘carbon emissions trading’ quickly became a buzzword and before that, a number of pioneers had already started to practice it, including Guangzhou,” he said.

Dela Cruz welcomed the idea of promoting carbon emission-reducing projects as they run in parallel with the Philippine government’s target of achieving net zero carbon neutrality.

Zero carbon neutrality refers to the emission of zero carbon by companies from the beginning, hence, there is no carbon to be offset.

One example of this is company buildings transitioning to solar energy sources.

This helps the country achieve a climate-positive environment where additional carbon dioxide is removed from the atmosphere.

“While much of the global economy has committed to reaching net-zero emissions, a closer look has yet to be done on how Philippine businesses can take concrete actions and veer away from potential green wash,” dela Cruz said.

“This can be done by forging partnerships and the exchange of know-how and technologies as well as financial sources that would accelerate our private sector in its net-zero journey of achieving carbon neutrality as a transition to net zero by 2050,” he added. (PNA)