Nature-based climate solutions, rapid decarbonization can reduce global warming--conservation scientist
Nature-based solutions and cutting down carbon dioxide (CO2) emissions to net zero must be done within the next 30 years to achieve the Paris climate goal of limiting global warming to below 2°C above pre-industrial levels.
Professor Koh Lian Pin of the National University of Singapore (NUS) emphasized this during the third of the four-part webinar series of the 7th Annual Public Policy Conference (APPC), which featured the topic “Green and Inclusive Recovery”. The APPC is the culminating activity of the Development Policy Research Month organized by the Philippine Institute for Development Studies every September. READ MORE
Energy corp CEO says renewable energy could resolve 'tight power supply' in PH
There have been a “concomitant tightness in the supply in the power sector” and “an increased rate of outage of coal plants in Luzon” in recent years.
This was emphasized by Mr. John Eric T. Francia, president and chief executive officer of AC Energy Holdings Inc., during the third of the four-part webinar series of the 7th Annual Public Policy Conference (APPC), which featured the topic “Green and Inclusive Recovery”. The APPC is the culminating activity of the Development Policy Research Month organized by the Philippine Institute for Development Studies every September. READ MORE
Climate change is a much bigger threat than COVID-19, says climate change commission head
“The pandemic is not the only threat we face today. Climate change is a much bigger threat that has already taken so much away from us. And it will continue to do so, killing our people, destroying our environment, and bringing our cities and communities into ruin if we allow it to maintain its present trajectory.”
This is according to Secretary Emmanuel M. De Guzman, vice-chairperson and executive director of the Climate Change Commission, during the third of the four-part webinar series of the 7th Annual Public Policy Conference (APPC). READ MORE
New corporation code may create 'chilling effect' on commercial infra--PH commercial lawyer
The intent of Republic Act 11232 or the Revised Corporation Code (RCC) of the Philippines to criminalize violators may create a ‘chilling effect’ on commercial infrastructure in promoting the use of the corporate medium in pursuing investments and commercial activities.
Atty. Cesar Villanueva, chairperson of the board of trustees of the Institute of Corporate Directors, said during the Annual Public Policy Conference (APPC) webinar on “Ethical Business” that the shift from the “comply or explain approach” of the Securities and Exchange Commission (SEC)’s Code of Corporate Governance, has been pursued “in an overly broad and criminalized manner”. READ MORE
Holding large companies accountable is key to resetting capitalism--entrep and finance professor
“Today, capitalism is by and large corporate capitalism. If we want to think about how to reset it, we need to rethink about the way corporations are run.”
University of Chicago Booth School of Business’ Stigler Center Faculty Fellow and Professor Luigi Zingales underscored this during the first of the four-part webinar series of the 7th Annual Public Policy Conference (APPC). READ MORE
Paypal's shift to 'stakeholder capitalism' shows positive impact on employees, communities, says exec
Amid the ongoing debate sparked by the COVID-19 pandemic on whether businesses should shift from ‘shareholder capitalism’ to ‘stakeholder capitalism’, Paypal Inc., a multinational financial technology company, showed it can be done.
Speaking at the second of the four-part webinar series of the 7th Annual Public Policy Conference (APPC), Paypal’s Head of Global Public Policy Usman Ahmed shared that his company’s shift to stakeholder capitalism about six years ago has shown positive impacts on its employees and their communities. READ MORE
S&T expert calls for 'green and blue recovery' amid the COVID-19 pandemic
The lockdowns during the pandemic caused a large drop in carbon dioxide (CO2) emissions globally in 2020. However, this positive impact on the environment is unsustainable, and efforts should be focused on promoting green and blue recovery instead, according to a science and technology (S&T) expert.
Speaking at the 19th Development Policy Research Month Virtual Kickoff Forum organized by the Philippine Institute for Development Studies (PIDS), Manila Observatory Senior Research Fellow Rosa Perez emphasized the need to “find ways to reduce emissions without the economic and social impacts of lockdowns as well as solutions that promote health, welfare, and equity”. READ MORE
Institutionalize PDP, SDG localization efforts to sustain gains--local planning and dev't officer
While local governments’ efforts to align their plans with the country’s national development goals are seen to be effective, these need to be sustained.
This was one of the key points raised during a webinar organized by the Philippine Institute for Development Studies (PIDS) and the Department of the Interior and Local Government (DILG). READ MORE
Adopting ESG leads to positive corporate financial performance--financial analyst
Adopting environment, social, and governance (ESG) policies could lead to positive corporate financial performance.
This is according to Ms. April Lynn C. Lee-Tan, first vice president for Corporate Strategy and chief investor relations officer at the COL Financial Group, Inc., during the second of the four-part webinar series of the 7th Annual Public Policy Conference (APPC), which featured the topic “Ethical Business”. The APPC is the culminating activity of the Development Policy Research Month organized by the Philippine Institute for Development Studies every September. READ MORE
Good governance is key to fixing PH 'broken' capitalist system, says corporate financial exec
“We have a ‘broken’ capitalist system,” Antonio Jose Periquet, chairperson of Campden Hill Group and director of publicly listed corporations, said during the first of the four-part webinar series of the 7th Annual Public Policy Conference (APPC).
Periquet, a panelist at the webinar, explained that the persistence of negative externalities and the existence of imperfect competition are proof that a broken capitalist system exists in the Philippines. READ MORE
Employees' well-being must come first during pandemic, says Jollibee human resources officer
Employees’ welfare should always come first, said Mr. Arsenio Sabado, chief human resources officer of Jollibee Foods Corporation (JFC), during the 19th Development Policy Research Month kick-off forum last September.
“Our founder Tony Tan Caktiong has always believed that people should be at the heart of our business, and this fundamental principle guided us through the leadership decisions we made last year,” he said as a discussant in the forum. READ MORE
Youth labor sector hit hard by the COVID-19 pandemic, says DOLE official
Young workers were among those hit hardest by the COVID-19 pandemic, according to a Department of Labor and Employment (DOLE) official.
Assistant Secretary Dominique R. Tutay revealed that youth employment soared to 21.5 percent or about 1.5 million unemployed young workers due to the imposition of lockdowns this year. READ MORE
SEC official urges companies to implement sustainable, ethical business practices
A company should be socially responsible in all its dealings, especially within the community where it operates.
Atty. Rachel Esther Gumtang-Remalante, director of the Securities and Exchange Commission (SEC)’s Corporate Governance (CG) and Finance Department, emphasized this in her presentation during the 19th Development Policy Research Month (DPRM) virtual kick-off forum. READ MORE
Results matrices key to measuring LGU contributions to national development goals--DILG official
Implementing results matrices in local government units is key to measuring their contributions in achieving the Philippine Development Plan (PDP) 2017–2022 and the Sustainable Development Goals.
This is according to Director Anna Liza F. Bonagua of the Department of the Interior and Local Government’s (DILG)'s Bureau of Local Government Development during a webinar organized by the Philippine Institute for Development Studies (PIDS). READ MORE