SEN. Juan Miguel Zubiri on Friday praised the Philippines for climbing to the second position in BloombergNEF's Climatescope 2024 rankings of 'the most attractive emerging markets for renewable energy investment.' This achievement highlights the nation's increasing commitment to renewable energy (RE).
SEN. Juan Miguel Zubiri on Friday praised the Philippines for climbing to the second position in BloombergNEF's Climatescope 2024 rankings of 'the most attractive emerging markets for renewable energy investment.' This achievement highlights the nation's increasing commitment to renewable energy .
Also, the country has implemented all nine power policies evaluated in the rankings, including renewable energy targets, feed-in tariffs, import tax incentives, priority grid access, renewable energy certificates, renewable energy auctions, net metering, VAT incentives and renewables mandates.Zubiri, who chairs the Senate Committee on Economic Affairs, is the principal author of the Renewable Energy Act of 2008 that sets the first step for the country's renewable energy journey.
Praises Growth In PH RE Investment
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