The Philippines has embarked on a transformative journey towards inclusive growth and poverty eradication, as envisioned in the country’s AmBisyon Natin 2040 vision. The economy is well-positioned to meet its long-term sustainable development goals, with GDP growth projected to exceed 6% in 2025, spurred by the expansion of service, manufacturing, and infrastructure sectors.
The country faces significant challenges, however, being highly vulnerable to climate change natural disasters, and increasing income inequality. To minimise economic disruption and achieve inclusive growth, the country urgently needs to implement robust policy initiatives and substantial investments to strengthen community resilience against these threats.
At the same time, the country’s growth journey offers significant opportunity for the private sector in accelerating its energy transition to a cleaner economy, investing into green infrastructure, and improving the digital literacy of its citizens.
The Philippines has been responding by working with multilateral development banks to enhance disaster resilience, strengthen emissions reduction and carbon trading capabilities through its Nationally Determined Contribution, establish clear taxonomies and scale up innovative sustainable finance solutions.
Amid ongoing funding deficits and geopolitical uncertainties, how can policymakers and business leaders most effectively support the country’s AmBisyon Natin 2040 vision? What role will the Philippines play in the regional economic vision for Asean? Join us for Unlocking capital for sustainability Philippines as we convene key decision makers to discuss the way forward for the Philippines and strategies for achieving its ambitious targets.