DBP bags regional award for energy efficiency program
December 27, 2025. 10. The Energy Efficiency Savings financing program of the Development Bank of the Philippines empowers the bank’s development partners to actively contribute to the region-wide effort of bolstering local capacity for climate change adaptation and mitigation. CONTRIBUTED IMAGE.
DBP bags regional award for energy efficiency program
DBP bags regional award for energy efficiency program. by BMPlus. December 23, 2025. 2 minute read. Mbdz_DBP via Wikimedia Commons CC BY-SA 4.0. 1. State-owned Development Bank of the Philippines
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DBP bags two awards in international finance tilt
March 13, 2025 · News State-owned Development Bank of the Philippines (DBP) bagged two awards for its financing initiatives on renewable energy and public transport system modernization during the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards 2025 in the Sultanate of Oman last month.
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- Does Pakistan have a green energy policy?
- Around 200MW furnace oil power plants are being retired ahead of schedule, and 55 per cent of Pakistan’s electricity currently comes from environmentally friendly sources. By 2030, the country aims to generate 60 per cent of its electricity from renewable sources, with a new wheeling policy set to promote green energy production and sale.
- Will Pakistan achieve 60 percent of its electricity from renewable sources?
- By 2030, the country aims to generate 60 per cent of its electricity from renewable sources, with a new wheeling policy set to promote green energy production and sale. These developments underscore Pakistan's commitment to sustainability but also highlight the challenges it faces in implementing large-scale renewable energy transitions.
- What are biodegradable bags in Pakistan?
- Novumpack is offering Biodegradable Bags in Pakistan. An excellent step to keep the envornment neat and clean. These bags are climate-friendly and completely recyclable. We prepare these bags by using such a material that completely degrades in an open environment after a certain period of time.
- Is Pakistan making progress in green energy?
- While Pakistan is making progress in green energy, neighbouring countries have already taken significant strides. India, for example, has an installed renewable energy capacity of over 160 GW and aims to reach 500 GW by 2030.
- What challenges will Pakistan face in transitioning to green energy?
- Despite ambitious targets, Pakistan faces several challenges in transitioning to green energy. Experts estimate that around $50 billion will be needed to meet the 60 per cent renewable energy target by 2030. Another challenge, rather more significant is the existing installed electricity capacity with long-term contracts.
- Why is Pakistan moving towards eco-friendly energy?
- Pakistan’s move towards eco-friendly energy is a critical step towards ensuring energy security, economic stability, and environmental sustainability. While challenges persist, the progress in hydropower, solar, and wind energy projects offers hope for a cleaner and more resilient future.
