00:00The Department of Trade and Industry, DTI, is very happy with the Philippines' success as one of the highest markets for the investment of renewable energy.
00:15It was recognized as the second most attractive emerging renewable energy investment market in the Philippines
00:25based on the report released by Bloomberg-NEF's 2024 Climate Scope.
00:32This is an important and big step for the Philippines that was recognized as the fourth in the list last year.
00:40This is a result of the efforts of the government to establish a stronger and innovative foundation for renewable energy.
00:51This is in line with the new Philippine agenda of President Ferdinand R. Marcos Jr.
00:56to make the country the primary sector through progressive policy reform and strategic incentives.
01:04It is also in line with the Philippine CREATE Law that enhances the country's tax incentive
01:11to make it more globally competitive, investor-friendly, predictable, and accountable.
Comments