SGV Climate Change and Sustainability Services (CCaSS) Principal Bonar A. Laureto was a panel discussion moderator at the Climate Investment Forum (CIF) 2023: Unlocking Climate Resilience and Low-Carbon Investment Opportunities for the Private Sector held at the Crowne Plaza Galleria Manila. The CIF is one of the flagship events of the Climate Change Commission (CCC) for the commemoration of the 16th Annual Global Warming and Climate Change Consciousness Week.
SGV CCaSS Principal Bonar A. Laureto (right) with panelists DOTr ASec. Leonel Cray De Velez (left) and DOE Assistant Director William Quinto (center)
Bonar moderated the panel discussion featuring Department of Transportation (DOTr) Assistant Secretary for Planning and Project Development Leonel Cray De Velez and Department of Energy (DOE), Energy Policy and Planning Bureau Assistant Director William G. Quinto. The panelists talked about steering investments toward low-carbon pathways. They also discussed the DOTr and DOE’s programs and initiatives surrounding mass transportation and renewable energy, respectively.
SGV CCaSS Principal Bonar A. Laureto with Climate Change Commission, Climate Change Office, Deputy Executive Director ASec. Romell Antonio Cuenca
(Photo courtesy of the Climate Change Commission via Facebook)
Bonar also raised key questions during the panel discussion, such as the Philippines’ plan on net zero, potential investments that will move the Philippines toward a low carbon economy, enabling policies of the two government departments, and the use of sustainable materials for infrastructure projects.
Other discussions covered during the forum focused on (1) policy drivers adopted by the government to catalyze private sector-led investments, (2) sectoral needs to determine investment areas of the private sector, and (3) challenges and bottlenecks observed in advancing investments for climate change initiatives.
CCaSS Senior Associates Zoe Aurora H. Romero and Raymond R. Paras at the CIF 2023
Bonar was joined by CCaSS Senior Associates Zoe Aurora H. Romero and Raymond R. Paras, who supported and assisted him during the forum.
The CIF 2023 highlighted potential investment areas to be explored by the private sector on various climate-related measures, as driven by policies and mechanisms set by the national government.
