The National Business Climate Action Summit 2019, with the theme “Transforming the Philippine Economy through Green Investments,” is one of the events conducted by the Climate Change Commission along with its partners in observance of the 2019 Global Warming and Climate Change Consciousness Week. The Commission through the United Nations Development Programme’s NDC Support Project for the Philippines (NSPP) along with its partners, Business for Sustainable Development, and Philippine Chamber of Commerce and Industry designed the Summit to:
Promote awareness on the available local climate financing mechanisms and facilities for the private business sector;
Present the private sector’s initiatives to implement climate change mitigation and adaptation solutions; and
Support publicly listed companies in monitoring their contributions towards universal targets of sustainability through SEC’s Sustainability Reporting.
To enable in-depth presentations and interactive discussion, the program allowed for one (1) plenary session:
“Green Banking for Low Carbon Development”. Private sector banks can play a pivotal role in facilitating capital for climate and sustainability solutions through innovative financing mechanisms and facilities for low-carbon development.
and three (3) panel discussions, as follows:
“Exploring Waste-To-Energy: Options in Low Carbon Development Pathway”. Waste-to-Energy, also known as incineration with energy recovery, has received considerable attention in tackling the growing volume and challenges of waste. The challenges, opportunities, and climate impacts of these technologies should be further discussed and examined by stakeholders.
“Creating Climate-Smart Cities and Sustainable Urban Mobility Solutions”. Sustainable transportation solutions are at the heart of the fight against climate change and the transition to resource-efficient, low-carbon, and climate-smart cities. They also present climate-resilient investment opportunities for the private business sector.
“From Risk to Climate Action: Private Sector Initiatives in Sustainability Reporting”.Disclosures of the private business sector’s economic, environmental, and/or social impacts will enable entities such as the government to measure and monitor its contributions towards achieving the goals of the Paris Agreement, the 2030 Agenda for Sustainable Development, and the Philippine National Climate Change Action Plan.
Industry leaders conveyed their leadership resolves and presented their initiatives on low carbon investments. Representatives from concerned National Government Agencies (NGAs) also provided their message and partnership intent with the private sector. Participants from across the country’s industries and sectors were invited in support of the ‘whole-of-nation approach that the
Commission gives premium importance. The following participants were invited:
Top leaders of the Philippine private business sector;
Banking and financial institutions;
Leaders and executives of the energy and transportation sectors;
Strategic planning and sustainability officers of publicly-listed companies;
Business Development, Corporate Affairs, and Investor Relations officers of companies;
Stakeholders of the solid waste management and transportation sectors;
Philippine Chamber of Commerce and Industry officials;
Local government officials and development planners, including officials and members of Leagues of Municipalities of the Philippines, League of Cities of the Philippines, Philippine League of Environment and Natural Resources Officers;
Representatives of national government agencies concerned; and
Select representatives of international non-governmental organizations
2nd Annual National Business Climate Action Summit
Theme: “Transforming the Philippine Economy through Green Investments”
21 November 2020
One Esplanade, Pasay City
Ms. Ma. Alegria Limjoco, the President of the Philippine Chamber of Commerce and Industry, welcoming the attendees to 2nd Annual National Business Climate Action Summit.
Climate Change Commission Secretary Emmanuel de Guzman recalling the climate initiatives of CCC in partnership and collaboration with the private sector, government agencies, and development partners.
Governor Benjamin Diokno of Bangko Sentral ng Pilipinas emphasizing the whole-of-government approach in promoting sustainability across the country.
Mr. Cedric Rimaud of UNESCAP sharing the financing opportunity for Green and Sustainable projects.
Ms. Jo Ann Eala, Vice President of BPI, reminding that “It’s not enough that you do green, you have to make gold”
A participant asking about the business model used the waste-to-energy project in Quezon City.
Mr. Sigfido Tinga of Global Electric Transportation Philippines introduced their mass transport e-vehicle and its business model in line with the Public Utility Vehicle Modernization Program of the Government.
USec. Mark Richmund de Leon, OIC Undersecretary of Road Transport and Infrastructure of DOTr, explaining that the current jeepneys are unsafe and unreliable which is one of the reasons why they are pushing for PUVM.
Dr. Ma. Shiela Napalang, ASec DOTR, asked Mr. Bonar Laureto of BSD about the next plans of SMP-CDO. As a resident of Cagayan de Oro City, she is excited to see the results of the project.
Mr. Richard Tantoco of EDC asked about plans of Ayala Group of Companies and BPI on coal investments.
Commissioner Ephyro Luis B. Amatong of SEC, emphasized the vital role of the private sector in attaining sustainable development, “We think, through partnership with you in the private sector, with your level of commitment and buy-in, working together, we can make Sustainable Development very real for all Filipinos everywhere.”
Mr. Jose P. Leviste, Jr. of PCCI assured that the private sector supports the country’s NDC and finding its role during the implementation of actions.