The Department of Environment and Natural Resources (DENR) sees the Philippines as an important role in addressing the climate crisis and becoming a key player in the global clean energy landscape.
In a report by Business Mirror, DENR Undersecretary for Environment and Integrated Science Carlos Primo David said that the current climate issue is the force behind the demand for clean energy, which includes the development of renewable energy (RE), the demand for energy storage, and other emerging clean energy technologies.
David added that some of these projects are mineral-heavy and their swift implementation would increase the demand for critical and strategic minerals such as chromium, copper, and nickel.
Additionally, demand for these minerals bumped at a time when the mining industry is predicted to contribute to increased revenue generation to support economic recovery.
David emphasizes that this move positions the Philippines in a unique position to be a key player in the global clean energy market and provide sustainable solutions to the climate crisis.
Chamber of Mines of the Philippines (COMP) chairman Mike Toledo said that mining was once considered undesirable due to its economic impact but with responsible mining, it is now a crucial part of the clean energy transition and in addressing climate change.
