Financing a
Fossil Future in
the Philippines
Japan’s footprint on fossil fuelexpansion in the country

think.

do.

change.

The Center for Energy, Ecology, and Development (CEED) is a think-do
institution that conducts research and advocacy, and partners with
communities in promoting an ecologically just, people-centered energy
sector and development path.

visit: ceedphilippines.com

The 2010s was a decade of massive coal expansion.
Coal
29.8%

48%

Coal
52%

Others70.2%

Coal's share in national installed capacity,2010

Coal's share in national installed capacity,2022

Years of resistance are bringing us
closer to the end of the coal pipeline andstart of coal phaseout.

RE potential estimates for the Philippines:
250 GW
Department of Energy, 2008
(excluding solar)
807.87 GW
Department of Energy, 2020
(across 25 Competitive Renewable Energy
Zones (CREZ)
178 GW
World Bank, 2022
(solely offshore wind)

In displacing coal, the Philippines creates an opportunity to hasten the shift toa genuinely sustainably powered future with renewables.

However, a new“preferred fuel” isthreatening adetour—fossil gas.

Right next to the Verde Island Passage, which housed over 1,700 shore
fish species, nearly 400 coral species, and provides food and sustenanceto millions of Filipinos. It is the Amazon of the ocean.

VIP provides livelihood and sustenance to millions:
Batangas province alone - 7M, 800k small municipal fisherfolks
Commercial and municipal fisheries produce Php 1,261,268,900 (approx US$24 million
for Batangas Province, and US$70 million for the whole VIP 5 provinces)

Photo: A. Simon for CEED

A hotspot for eco-tourism

VIP provides livelihood and sustenance to millions:
Tourism industry has an annual value of Php 5,209,088,311 (approx US$99 million),
2,638,017 overnight tourists visited the 5 provinces of VIP in 2019.

Ongoing destruction: Linseed-AG&P & SMC

Key parameters
show worsening
trends across water
quality monitoring
conducted in 2015,2019, 2020, and2021

While detected levels of serious contaminants have alreadysurpassed limits of Class SC standards, concentrations of thesecontaminants are on the rise still

Growing opposition against
fossil gas and LNG projects
in the Philippines

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Japanese institutions arefueling fossil gas

in the Verde Island Passage.

Who are driving & fueling the fossil gas industry in the Philippines

Who are driving & fueling the fossil gas industry in the Philippines1.75 GW Excellent Energy Resources, Inc.
Ilijan LNG Power Plant
AG&P-Linseed LNG Import Terminal

Photo: Basilio Sepe• SMC: country's biggest
gas power developer
responsible for over 14
GW of proposed gascapacity• Building a 1.75 GW gaspower plant in Ilijan,
BatangasSame story in Southeast Asia…

Our Asks:

1. Natural gas and LNG is dirty and a climate buster;
2. It is destroying rich pristine biodiversity hotspots, local
livelihoods and other thriving industries;
3. It is expensive energy and power;
4. It will be another stranded asset, just like coal;
5. It will be resisted by Filipinos and Southeast Asian
communities and peoples;
6. Invest into renewable energy instead.