Philippines — The Philippines’ goal of jacking up clean power generation has gained strong financial support as the World Bank (WB) approved an $800-million loan targeted for energy transition.

Multilateral lender World Bank ... The loan would be a rapidly disbursing financial support operation aimed at accelerating energy transition and increasing resilience to climate in the Philippines.

MANILA, Philippines — The World Bank has approved an $800-million loan to support reforms promoting the shift to clean energy and climate resilience in the Philippines.

The World Bank said its board approved an $800-million loan to support the Philippine government’s efforts to expand the adoption of clean energy ...