Climate campaigners & communities are protesting the growing number of gas-fired power projects in Batangas, where the Verde Island Passage is located. There are 45 proposed projects across PH and 16 are slated for the Verde Island Passage, a 1.14 million hectare marine corridor. (On June 23rd, Mizuho will faceContinue Reading
Our Energy and Climate activists from APMDD Philippines sent a letter to Mizuho Financial Group containing grievances and demands from Asian communities due to their continued fossil fuel financing. Our people reject these blatant disregard of science and evidence to phaseout fossil fuels, and instead fuel their corporate greed atContinue Reading
“What the people of Asia need is a rapid, direct, equitable and just transition to 100% renewable energy systems. And the delivery of non debt creating climate finance to make this happen. Carbon capture usage and storage and hydrogen schemes, distract from real solutions to the climate crisis. Loan financingContinue Reading
The Global Oil & Gas Exit List shows that upstream oil and gas expansion is remarkably concentrated: the top 20 companies are responsible for more than half of resources under development and spending on exploration for new reserves. Bank support for those companies is also remarkably concentrated: the top 10 bankers ofContinue Reading
CCUS, Hydrogen and Ammonia Have no Place in a Rapid, Just and Equitable Transition Out of Fossil Fuels Towards 100% Renewable Energy Systems The Intergovernmental Panel on Climate Change have come out with the Synthesis of its Sixth Assessment Report (AR6) on March 20, 2023. No doubt the Report willContinue Reading