OMNI Features｜Philippines Records a 26% Surge in Renewable Energy Projects for 2023．Singapore Launches Green Financing Measures to Drive Low-Carbon Building Transformation．NPU of Science and Technology's Research Advances Yellow Carbon Sequestration Farming Methods

｜Philippines Records a 26% Surge in Renewable Energy Projects for 2023
The Department of Energy Philippines (DOE) highlights a remarkable 26% uptick in service-contracted renewable energy commercial projects for 2023. Driven by advancements in solar technology, a total of 1,220 projects have been contracted, with a combined potential capacity reaching 134,813.79 MW. This represents a substantial increase from the 2022 figures, which accounted for 965 projects and a total capacity of 80,396.61 MW.

｜Singapore Launches Green Financing Measures to Drive Low-Carbon Building Transformation
According to a report by Lianhe Zaobao, Singapore is actively pursuing its commitment to transform at least 80% of its buildings into low-carbon and eco-friendly structures by 2030. This ambitious endeavor bolsters Singapore's sustainable development capabilities and catalyzes the growth of green innovation services. Additionally, Singapore's strategy for greening building infrastructure involves a "zero-investment" model, sparing property owners from the initial costs associated with the transition. Energy efficiency solution providers and Singaporean financial institutions will jointly provide the necessary funds for this transformation through innovative green financing mechanisms.

｜NPU of Science and Technology’s Research Advances Yellow Carbon Sequestration Farming Methods
The Department of Forestry at the National Pingtung University of Science and Technology is intensifying efforts to fortify soil carbon sequestration. The focus involves the development of photosynthetic bacteria (PSB) and arbuscular mycorrhizal fungi (AMF) with high carbon-sequestration potential. Studies indicate that applying PSB in rice cultivation systems stimulates rice growth and efficiently sequesters carbon. AMF, when present in organic orchard soils, exhibits positive correlations with organic carbon and glomalin-related soil protein (GRSP). Integrating these microbial resources with carbon-negative agricultural practices enhances soil carbon sequestration efficiency.

Reference:International Trade Administration, Ministry of Economic Affairs, MOEA (TITA)｜NTDTV