UK seeks more green investments, partnerships with Philippines

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British Ambassador to the Philippines Laure Beaufils in a brief press conference after a courtesy call on president-elect Ferdinand "Bongbong" Marcos Jr. on May 30, 2022.

Philstar.com / Kristine Joy Patag

 

MANILA, Philippines — The United Kingdom is looking to “significantly” increase its investments in the Philippines, especially growing its green investments and infrastructure as the country highlights the need to address climate change and environmental issues.

 

Collaborating on environmental issues was identified as one of the four key pillars of the Philippines’ bilateral relationship with the UK. The others include trade and investments, science and technology, and working together on maritime issues.

 

“[Through] British International Investments, we’ll be investing 500 million pounds in Southeast Asia in the next five years and the Philippines is one of the three focus countries in that,” British Ambassador to the Philippines Laure Beaufils told reporters on Thursday.

 

Full Story: https://www.philstar.com/headlines/2022/09/02/2206913/uk-seeks-more-green-investments-partnerships-philippines

 

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