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.

🏅 Chinabank PH, BDO, AUB, BPI🏅

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

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! Center for Energy, Ecology, and Development Protect VIP!

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.

岸田文雄 must stop derailing the energy transition & sacrificing our communities & planet for Japanese corporate interests.

Check out this strong op-ed by @ceedphilippines and
Oil Change International 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.

SMC is lone Philippine company in global ‘Dirty 30’ list of worst fossil companies Center for Energy, Ecology, and Development 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-…

Bank of America みずほ銀行 三菱ＵＦＪ銀行 Citi Deutsche Bank Standard Chartered J.P. Morgan Barclays Bank 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 岸田文雄 must stop financing fossils and harming our communities & planet.
#StopLNG #FossilFreeJapan
newsweek.com/japanese-pm-ki…