Officials of the Climate Change Commission and Ayala Group sign a memorandum of understanding on April 12, 2024 to scale up climate action in the Philippines. The partnership paves the way for the CCC and Ayala to explore possible avenues of collaboration in promoting and achieving the country’s goals under the Philippine climate agenda.
The MOU also includes establishing prospect programs that allow investment-led, accelerated, just, and equitable transitions towards low-carbon emissions and the increase of vulnerable communities’ climate resilience and adaptive capacity. The group also scales up its climate action along the lines of energy efficiency, carbon emissions reduction, and sustainability-related financing products.
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