Philippines: International Action Programme (IAP), Doubling the Generating Capacity from Renewable Energy Sources by 2013

To increase renewable energy-based capacity by 100% by 2013, increase efficiency and substantially contribute to the protection of the environment and contribute to the economic growth of the countryside through rural electrification.

Date Implemented: 2003-2013

Status: Voluntary

Funding Information: The Government will continue to promote private sector participation in the development of renewable energy in the country. RE investments in the amount of PHP 295,28 billion and PHP 106,01 billion for rural electrification and energy efficiency programmes shall be offered for consideration by the private sector. Government shall undertake financing for investments promotion through RE Trade Mission, holding of business meetings and other fora, and the preparation and development of RE Investment Kits.

Targets: Double installation of generating capacity from renewable energy sources to approximately 4,700 MW, enabling the Philippines to be the largest geothermal energy producer in the world, the leading wind energy producer in Southeast Asia and to double its hydro capacity by 2013. To become a regional solar cell manufacturing export hub within ASEAN region, and to increase the non-power contribution of renewable energy to the energy mix.

References: http://www.ren21.net/iap/commitment.asp?id=108