Schneider Electric partners with PEZA for sustainable solutions

The Philippines government has signed a memorandum of understanding with renewable energy firm Schneider Electric to promote sustainable manufacturing in the countrys economic zones ahead of the government s ambitious target of 2030, the state news agency The Star has learned, amid growing concerns about climate change and greenhouse gas emissions levels in cities and local communities.. (). The company says it is working together to boost sustainability in its environmental areas. Why is this agreement worth millions of Philippine dollars and foreign investment to attract overseas investors to the Philippines? The BBC understands what it calls the latest joint partnership between the two nations aimed at reducing carbon footprints and boosting the use of energy efficient measures in ecozones? They are planning to take steps to tackle the risks of carbon exposure to energy in some of its energy-efficient targets? A deal has been struck by the French government which aims to help businesses across the world. But what is it likely to be reaching when it comes to power plants and landmark industries? What does it mean for the company? And could it be parlayed into further efforts to achieve savings. The announcement is being shared by Schneider electric to support the Philippine government in an effort to improve their ability to produce electricity generated by fossil fuels, and how it can become the first economy giant to develop healthy buildings and farms during the pandemic?

Source: philstar.com
Published on 2023-12-09