Global Climate Risk Index 2021

Who suffers Most from Extreme Weather Events? Weather-related Loss Events in 2019 and 2000 to 2019

The Global Climate Risk Index 2021 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc.). Human impacts (fatalities) and direct economic losses were analyzed. The most recent data available — for 2019 and from 2000 to 2019 — were taken into account.

• The countries and territories affected most in 2019 were Mozambique, Zimbabwe as well as the Bahamas.

• For the period from 2000 to 2019 Puerto Rico, Myanmar and Haiti rank highest.

• For the period from 2000 to 2019 the Philippines ranks fourth.

This year’s 16th edition of the analysis reconfirms earlier results of the Climate Risk Index: Less developed countries are generally more affected than industrialized countries. Regarding future climate change, the Climate Risk Index may serve as a red flag for already existing vulnerability that may further increase in regions where extreme events will become more frequent or more severe due to climate change.

20201 Global Climate Risk Index 2020

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source: Germanwatch

Building Owners Required to Use Renewable Energy

Few building owners and property managers in the country are familiar with new government laws and guidelines encouraging energy efficiency and conservation in the work place.

These laws have become all the more urgent now that Metro Manila is a key office market in the globe and its landlords are now considered major energy users.

Republic Act 11285 or the Energy Efficiency and Conservation Law requires, among other measures, that at least 1 percent of the total power demand of a building must be generated by a renewable source such as solar photovoltaic panels.

Building owners or landlords need to be re-oriented on this law especially because its implementing rules and regulations were passed in May 2019.

Those who adhere to the Energy Efficiency law’s key provisions are set to reap benefits including savings in energy costs, one of the biggest expenses in running an office tower.

One of those provisions, for instance, is for building owners with an annual consumption of at least 500,000 kilowatt hours to employ a certified conservation officer tasked to find ways to save energy.

RA 11285 was passed into law in 2008 to promote the use alternative sources of energy. Its purpose was to ensure that the country would minimize its dependence on fossil fuel while promoting energy sources that help sustain the planet.

Study for the Philippines : Plastics Circularity Opportunities and Barriers

Mismanaged plastic waste has growing economic and environmental consequences.

USD 80-120 billion worth of plastic packaging is lost from the global economy

each year due to lack of recycling and suboptimal value creation where recycling

exists.

Globally, 4.8 to 12.7 million tonnes of plastic leak into our oceans each year

with Asia contributing to over 80% of this marine leakage.

The Philippines is the third largest contributor with an estimated 0.75 million metric tonnes of mismanaged plastic entering the ocean every year.

This has led to an increased awareness towards plastic waste management, bringing the topic of plastic pollution to the forefront of consumer consciousness in the Philippines.

Key Findings:

• The Philippines recycled about 28% of the key plastic resins in 2019.

• 78% of the material value of plastics is lost to the Philippines economy each year.

• Several structural challenges cause a market failure for plastics recycling leading to a plastic material value loss of USD 790-890 million per year.

Market-Study-for-the-Philippines-Plastic

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Source: The world Bank