2nd Most Attractive Emerging Market for Renewable Energy
With a power score of 2.65, the Philippines has emerged as the second most attractive developing economy for renewable energy investment, according to the 2024 Climatescope report by BloombergNEF (BNEF).
This marks a significant improvement for the country, as it climbs two spots from 4th place in 2023.
The Philippines’ power score surpasses the Asia-Pacific regional average of 1.94.
The Climatescope report assesses the progress in clean energy and market attractiveness across 110 developing countries, utilizing 100 indicators. These nations account for nearly two-thirds of global clean energy output and 82% of the world’s population.
Bigwas
Bigwas blog about Criminal law and Procedure, Criminology and Crimes, Philippine Banking and Finance, Insurance and Investment.