These extreme weather events—combined with floods, landslides, and deforestation—continue to displace communities and degrade ecosystems. On top of these climate-related threats, the country also experiences frequent earthquakes and volcanic eruptions, further compounding its already high vulnerability to natural disasters.
The role of PPPs in climate action
In light of these escalating threats, how can the public and private sectors align to mitigate environmental degradation and enhance climate resilience? Can Public-Private Partnerships (PPPs) be part of the solution?
The answer is a resounding yes.
Under the PPP Code and its Implementing Rules and Regulations (IRR), climate resilience and environmental sustainability are not only guiding principles. They are mandatory considerations. These must be integrated into the planning, design, and implementation of all PPP projects.
Environmental and climate change considerations are now required as Key Performance Indicators (KPIs) and as components of the project feasibility study for both solicited and unsolicited proposals.
These considerations also factor in the review and approval of national and local PPP projects.
Green PPPs in action
Beyond being compliance requirements, the government is expressly authorized to pursue environmentally sustainable PPPs. The government is allowed and enjoined to implement projects for climate change adaptation and mitigation, disaster risk reduction and management, biodiversity conservation, environmental protection, solid waste management, energy efficiency, and renewable energy.
According to ChatGPT, the following are examples of PPPs for the planet:
Collaboration is non-negotiable
Various government agencies are already well-positioned to lead such initiatives.
For instance:
These agencies may pursue either solicited or unsolicited proposals through various PPP arrangements, including Joint Ventures, Long-Term Lease, Build-Transfer, Build-Operate-Transfer (BOT), Build-Own-Operate (BOO), and Rehabilitate-Own-Transfer (ROT).
The government alone cannot ensure a livable and sustainable planet. Private sector participation is not only important. It is indispensable. We are all stakeholders. We are all duty-bearers. We are all stewards.
The time to push PPPs for the planet started yesterday.
Contributor