Philippines

As a rapidly growing archipelagic nation on the Pacific Typhoon Belt, the Philippines is highly susceptible to natural disasters and slow-onset climate events like sea level rise. The country is also grappling with a heavy reliance on privately invested coal-fired power plants and depleting natural gas reserves. 

But with major wind and solar resources, the country’s energy sector is on the brink of rapid change, with fossil fuels struggling to maintain relevance and a renewable energy industry poised for takeoff. For the Philippines, which pays among the highest prices for power in Asia, the energy transition is an economic and climate imperative.