The government of Germany has shared that it will be aiding the Philippines’ transition to renewable energy. This was as informed by Jennifer Morgan, the Special Envoy for International Climate Action, and Germany’s State Secretary.
Morgan added that Germany is looking at exchanging technology as well as expertise in onshore and offshore wind power. Opportunities in other renewable energy sources will also be explored. She added that the Philippines boasts of vast reserves of renewable energy, like wind and solar. She further spoke about the German priority to forge partnerships with the private sector and others in order to assist other countries with their renewable energy goals. She also said that the employment of renewable energy help create employment opportunities while also ensuring that the electricity tariffs remain low.
As per the Philippines’ National Renewable Energy Program (NREP) 2020-2040, the country is striving towards renewables share to comprise 35 percent of power generation by 2030 and 50 percent by 2040.