At a regional sustainable finance forum, the Philippine Securities and Exchange Commission outlined how regulators can make climate adaptation projects more investable by improving the consistency and credibility of project information. Commissioner Javey Paul D. Francisco highlighted the forthcoming Mitigation co-benefit and Adaptation for Resilience Guide under the ASEAN Taxonomy, which is set for release in 2026 under the Philippines’ chairmanship of the ASEAN Capital Markets Forum. The guide will focus on showing how investments reduce specific climate risks through measurable resilience outcomes rather than simply labeling projects as adaptation. The approach combines regionally comparable taxonomies and International Sustainability Standards Board-aligned disclosures with climate risk assessments grounded in local conditions, continuing the SEC’s broader work on sustainability reporting and ASEAN sustainable finance. The commission is also exploring mechanisms to improve capital-market access for local governments and smaller project developers, supported by stronger project preparation, investment-ready pipelines and financing structures that can bring resilience projects to institutional scale while maintaining investor protection.
2026-09-02Philippine Securities and Exchange Commission
Philippine Securities and Exchange Commission previews ASEAN climate adaptation guide focused on measurable resilience outcomes
The Philippine Securities and Exchange Commission highlighted a forthcoming ASEAN guide intended to make climate adaptation projects more investable by linking financing to measurable resilience outcomes. Its approach builds on ongoing work toward internationally aligned sustainability disclosures and includes exploring ways to improve capital-market access for local governments and smaller project developers.