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Philippines

Unlocking finance and investment flows for clean energy and infrastructure development.

Unlocking finance and investment flows for clean energy and infrastructure development.

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SIPA work in the Philippines

As the government of the Philippines develops the successor strategy to the Philippine Development Plan 2017-2022, there is a unique opportunity to help direct investments towards more sustainable energy, transport and industry infrastructure projects. Approved projects should not only support economic growth and job creation in the short term, but also assist the transition towards a more resilient, less emissions-intensive economic model that is compatible with the Paris Agreement and the SDGs in the long-term.

SIPA’s activities in the Philippines related to infrastructure planning and evaluation include a pilot multidimensional assessment of a major infrastructure project (implemented by IISD), a review of strategic infrastructure planning processes, institutions and instruments (OECD) and natural capital accounting (WWF) to mainstream resilience against climate change risks.  Sectoral work in the Philippines focuses on developing a clean energy finance and investment mobilisation roadmap (OECD/ CEFIM), developing a low-carbon transport strategy for freight in the Philippines (ITF) and a regional study on improving low-carbon transport and logistics connectivity (ITF). SIPA includes an array of capacity development activities, including to promote responsible business conduct (RBC) and due diligence (OECD).