Green Infrastructure Investment Opportunities PHILIPPINES 2020 REPORT

The report assesses the Philippines' green finance landscape, highlighting a strong private-sector-led green bond market and significant investment potential in renewable energy, low-carbon transport, sustainable water, and waste management. It details existing policy frameworks, such as the ASEAN Green Bond Standards, and provides a sample pipeline of 79 green projects to attract international and domestic capital.

• The Philippines has established itself as a leader in the ASEAN green bond market, with total sustainable bond issuances reaching US$3.4 billion equivalent, 90% of which were issued by private sector entities including banks, renewable energy, infrastructure, and real estate companies.
• The Philippine government has set an ambitious emission reduction target under the Paris Agreement, committing to reduce emissions by 70% below the business-as-usual scenario by 2030.
• The energy sector remains heavily dependent on coal, which accounted for 52.05% of power generation in 2018, with 75% of that coal being imported.
• The Philippines possesses significant untapped renewable energy potential, including 2,500 MW of geothermal potential and 13,097 MW of hydropower potential.
• The transport sector is a critical area for decarbonization, as it is expected to account for up to 90% of total energy demand by 2030 without a transition to mass transport and cleaner energy.
• The waste sector is the third largest contributor to greenhouse gas emissions in the Philippines, contributing 10% of total emissions in 2012.
• The Philippines faces severe water insecurity exacerbated by climate change, with annual investment needs for water supply and sanitation exceeding available funding by approximately five-fold.
• The government is implementing the 'Build, Build, Build' program as a central driver for economic recovery, with a revised list of 104 big-ticket infrastructure projects worth PHP4.1tn (USD84.46bn).
• The Energy Efficiency and Conservation Act of 2019 aims to reduce overall greenhouse gas emission demand by 24% below business-as-usual by 2040, with an expected energy saving of 46,000 MW.
• The report identifies a sample pipeline of 79 infrastructure projects across renewable energy, low carbon transport, sustainable water, and sustainable waste management, categorized by their alignment with the Climate Bonds Taxonomy.

APA

Davidson, K., Gunawan, N., Almeida, M., & Boulle, B. (2020). Green Infrastructure Investment Opportunities PHILIPPINES 2020 REPORT. Climate Bonds Initiative. https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-Philippines.pdf

Chicago

Davidson, Kristiane, Nabilla Gunawan, Miguel Almeida, and Bridget Boulle. Green Infrastructure Investment Opportunities PHILIPPINES 2020 REPORT. Climate Bonds Initiative, 2020. https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-Philippines.pdf.

Wikipedia

{{cite report |last1=Davidson |first1=Kristiane |last2=Gunawan |first2=Nabilla |last3=Almeida |first3=Miguel |last4=Boulle |first4=Bridget |title=Green Infrastructure Investment Opportunities PHILIPPINES 2020 REPORT |publisher=Climate Bonds Initiative |date=2020 |url=https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-Philippines.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{davidson2020green, author = {Davidson, Kristiane and Gunawan, Nabilla and Almeida, Miguel and Boulle, Bridget}, title = {{Green Infrastructure Investment Opportunities PHILIPPINES 2020 REPORT}}, institution = {Climate Bonds Initiative}, year = {2020}, url = {https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-Philippines.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }