Philippines-China Energy Partnership Identified as Key to Renewable Transition
A study by People of Asia for Climate Solutions and New Energy Nexus highlights the potential of Philippines-China cooperation to accelerate the country's shift to renewable energy. The report outlines a framework for collaboration, emphasizing local capacity building and diversified supply chains. The Philippines aims to increase renewables in its energy mix to 35% by 2030 and 50% by 2040, but fossil fuels currently dominate. The partnership could enhance energy security, reduce dependence on imported fuels, and support economic and technological growth.