Business
LGUs Allowed to Use 20% of Development Funds for Energy Projects
The Philippine government has allowed local government units (LGUs) to allocate 20% of their development funds for energy projects. This move aims to promote renewable energy adoption and EV infrastructure development in response to the national energy emergency, though regular fuel and operating expenses are excluded.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- LGUs Cleared to Use Development Funds for Energy Security Projects
The Philippine government has authorized Local Government Units (LGUs) to use their development funds for building oil storage facilities and renewable energy infrastructure, aiming to mitigate global fuel supply disruptions and enhance energy security.