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Air pollution causes significant health and economic problems in the Philippines. [21] An estimated 66,000 deaths annually have been directly linked to air pollution. [22] The Department of Environment and Natural Resources is tasked with implementing the Clean Air Act of 1999 to monitor and prevent air pollution in the country. [23]
On March 11, 2024, the Department of Environment and Natural Resources' Toni Yulo-Loyzaga and the European Union launched the €60 million (P3.67 billion) "Green Economy Programme for the Philippines" in the form of a grant from 2023 to 2028 to mitigate environmental degradation and combat climate change to foster economic growth and social ...
The Pasig River in the Philippines suffers from a high level of water pollution and efforts are being made to rehabilitate it. After World War II, massive population growth, infrastructure construction, and the dispersal of economic activities to Manila's suburbs left the river neglected. The banks of the river attracted informal settlers and ...
With that growth came new demand for energy to power new factories and Internet servers. Total energy consumption in the Philippines surged nearly 60% from 2011 to 2023.
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. Economy of Philippines Metro Manila, the economic center of the Philippines Currency Philippine peso (sign: ₱; code: PHP) Fiscal year Calendar year Trade organizations ADB, AIIB, AFTA, APEC, ASEAN, EAS, G-24, RCEP, WTO and others Country group Developing/Emerging Lower-middle income ...
With the country's fast development and economic growth, old-model jeepneys have become the main contributor to air pollution in the cities. According to the Manila Aerosol Characterization Experiment (MACE 2015) study, diesel -powered jeepneys, which account for 20% of the total vehicle fleet, are responsible for 94% of the soot particle mass ...
On April 26, 2018, the Philippine resort island of Boracay, one of the country's major tourist destinations, was temporarily closed to the general public as part of the Philippine government's efforts to rehabilitate and redevelop the island. As part of the closure, Boracay was closed for six months except to its registered residents and employees.
Foreign borrowing was a key element in Philippine development strategy during the Marcos era. The primary rationale was that "borrowed money would speed the growth of the Philippine economy, improving the well-being of present and future generations of Filipinos". [citation needed] Debt-driven growth, 1970–1983