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Monday, 09 June 2025, 6:20 pm

    Environment

    New COP28 draft text does not mention phase out of fossil fuels

    Reuters Reuters -
    The U.N.'s climate body on Monday published its latest draft text of the deal it hopes to reach at the COP28 summit in Dubai, which includes a range of actions countries could take to reduce emissions.

    No global carbon price? Some companies set their own

    Reuters Reuters -
    A growing list of global companies are setting a price or charging themselves for each metric ton of their carbon emissions, looking to shape their investments and business for future pollution taxes or other new climate rules.

    One Meralco Foundation, Maynilad join hands for Angat-Ipo watershed reforestation 

    Context.ph Context.ph -
    One Meralco Foundation (OMF), the corporate social responsibility arm of Meralco, has partnered with water concessionaire Maynilad Water Services, Inc. to strengthen reforestation initiatives for the Angat-Ipo watershed, a primary source of raw water in Manila.

    Philippines receives $5.3 bln climate finance commitment from Canada

    Reuters Reuters -
    The Philippines and the United Nations Development Program have secured Canada's commitment for $5.3 billion of climate finance, the president's office in Manila said on Wednesday.

    ADB to provide $10 billion climate finance for Philippines

    Reuters Reuters -
    The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Agriculture

    Satellite tech powers new PH crop insurance system

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    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
    Corporate Bulletins

    EastWest champions legacy planning for family enterprises

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    EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.
    Context Dispatch

    New firefighting robots boost Makati’s emergency response – Mayor Abby

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    Makati Mayor Abby Binay today said the city government recently acquired three units of the Rosenbauer Smart Firefighting Robot to further enhance the city’s modern emergency response capabilities. The mayor said the robots offer an alternative way to aid in fire suppression and rescue efforts, especially in high-risk incidents such as those involving hazardous materials, reducing the risk to rescuers’ lives. 
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