PHL climate action receives EU funding

Quick Summary:

THE European Commission has committed an additional EUR 10.7 million to the Climate Investor Two (CI2) Fund of investment manager Climate Fund Managers B.V.(CFM) to support the Philippines’s climate mitigation and adaptation efforts.

It also recently commenced operations for CN Green Roof Philippines Inc., its utility-scale solar photovoltaic joint venture with the Norwegian Government Investment Fund for Developing Countries (Norfund).SSS releases ₱32.

FOR his part, La Suerte Rice Mill President Richard Tan said this initiative will help in addressing the challenges of the region on agricultural waste and renewable energy generation.“This initiative represents a significant step forward in sustainable energy development for our region, addressing the dual challenges of agricultural waste and renewable energy generation.

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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets: PhilippinesKenyaNetherlandsSouth AfricaThailandVietnam

Topics: Renewable Sector Philippines Development Isabela Climate Water Investment Fund Private Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 16:06:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 916 words

Reading Time: 6 minutes read

Sentences: 23 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24331868

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 66 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

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