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Posted on: Mar 2025
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Bridget Woodman
ZCA Team
This is the product of ZCA’s hive mind. Writers and editors collaborated together on this piece, making it more than the product of a single author. See more about our team here.
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The Iran war's energy shock is accelerating the clean energy transition. 23 countries have announced new measures, clean energy funds are outperforming oil and gas, and investor sentiment on renewables is rising.
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The Philippines is responding to the energy crisis by fast-tracking over 1.4 GW of renewable energy. By meeting its 2030 solar target, and moving toward renewables in the long term, the country could avoid spending USD 28 million on fossil fuel imports, ensure energy security, and surpass national climate goals.