The Energy Transition in the Philippines

The Philippines is strategically positioned to play a critical role in the global energy transition, driven by its abundant resources of nickel, copper, and rare earth elements, which are essential for the production of batteries and renewable energy technologies. The country's energy mix is diverse, with petroleum, natural gas, and coal historically dominating, but there is a growing shift towards renewable energy sources such as solar, wind, geothermal, and hydropower. The government is committed to reducing carbon emissions while enhancing energy security, with initiatives aimed at integrating Environmental, Social, and Governance (ESG) standards into both energy and mining sectors. This approach ensures sustainable development in the country’s growing mineral economy. The Philippines is an active member of international organisations such as ASEAN, APEC, and the United Nations, strengthening its role in regional and global trade. As part of the Minerals Security Partnership, it is well-positioned to secure a prominent place in global mineral supply chains, particularly as demand for critical minerals, including nickel and cobalt, rises with the clean energy transition. With its strategic location and rich mineral deposits, the Philippines is poised to become a key player in the shift to a sustainable global economy.