Marcos hopes Singapore aids energy diversification

President Ferdinand 'Bongbong' Marcos Jr. expressed hope that Singapore could assist the Philippines in diversifying its energy sector during a joint press conference with Prime Minister Lawrence Wong on Wednesday.

Marcos highlighted the importance of Singapore as a key investor and emphasized the need for increased investments in renewable energy to support the country's forward-looking bilateral agenda, noting that Singapore firms are interested in solar and wind projects in the Philippines.

The two nations reaffirmed their commitment to collaborate on a carbon credits mechanism under Article 6.2 of the Paris Agreement, aiming to complete negotiations soon to promote climate-friendly actions and sustainable livelihoods, with officials now working on finalizing a legally-binding implementation agreement.

Marcos also discussed health cooperation with Singapore, including training exchanges for healthcare experts, and expressed optimism about the Digital Leadership Program between the Civil Service Commission and the National University of Singapore.

Wong is scheduled to conclude his official visit to the Philippines on Thursday, June 5.