An Economy Powered by Sun and Wind — It’s Almost Here | Kala Constantino | TED

24,996 views ・ 2023-09-19

TED


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Hello, everyone.
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I want to share a story of great change underway in the Philippines,
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driven by the work of many people like Nass.
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Nass is a dedicated policy expert who has advised key government officials
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on the country's climate agenda.
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Now, Nass is leading hundreds of climate leaders,
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mobilizing local governments and companies
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to shift to 100 percent renewable power.
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Because of their work last year,
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three companies and two city governments have chosen to do so.
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Nass is not alone.
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Across the Philippines,
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thousands of people have come together
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to find effective ways to tackle runaway climate change.
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These include policymakers, scientists, young people,
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community leaders, small and large business owners.
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They are breaking down the barriers that stand in the way
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of cheaper and cleaner renewable power, such as wind and solar.
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Because of this huge collective effort,
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I am now filled with hope
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that the Philippines is moving towards an economy
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powered by the sun and the wind.
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My name is Kala Constantino from the Tara Climate Foundation,
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and I am proud to know and work with people like Nass
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who have made this transformation possible.
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The Philippines has long depended on imported coal and gas.
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Because of this,
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114 million Filipinos pay one of the highest electricity prices
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in Southeast Asia.
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But people want change.
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The Philippines is highly vulnerable to the impacts of climate change,
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and we lose millions of dollars annually
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due to stronger and more frequent typhoons.
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For us, climate change is real.
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We see it every year in the storms that rampage through our communities,
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killing people, destroying infrastructure and agriculture.
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We see the energy transition as an opportunity
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to make our economy more resilient.
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Renewable energy can bring in economic opportunities
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and create jobs in new industries.
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Scaling up wind, for example,
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could add 1.1 billion dollars to our economy
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and create 80,000 new jobs
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over the lifespan of the wind farms.
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The Philippine government recognizes this,
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and it's increasing its ambition for renewable power.
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Three years ago, the government adopted a moratorium
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on building new coal-fired power plants.
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Since then,
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several Filipino banks have adopted policies
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stopping the financing of coal and funding more renewables.
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The new energy plan
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aims to have renewables account for at least 35 percent
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of the power generation mix by 2030.
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This would not have been possible without a diverse group of people
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committed to accelerate the country's transition to renewables.
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Ian has spent 20 years working with communities
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and vulnerable groups in cities and towns across the Philippines,
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calling on the government to transition to an inclusive economy
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powered by renewable energy.
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And Grace has spent 30 years promoting renewables with local governments
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as well as with multilateral development banks.
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Now she runs her own organization,
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building solar-powered plants in small islands in the Philippines.
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Lawrence develops innovative finance solutions
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to enable more private investments into renewables
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as well as to retire coal plants early.
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They include a new generation of young voices, too.
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Jeff analyzes and interprets power systems sata
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to drive home the story of why renewables are better,
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cleaner and cheaper.
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Avril is a young lawyer proposing regulations
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that will accelerate renewables deployment.
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Thanks to their efforts
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and the efforts of many more people like them,
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the energy transition in the Philippines is gaining momentum.
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But it isn't over yet.
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Operating coal plants still provide 47 percent of our electricity,
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and there are plans to build seven new gas terminals.
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We need to transition away from fossil fuels as quickly as possible.
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To keep moving forward,
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we need to continue working together
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to increase investments for wind and solar,
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including offshore wind.
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We need to redraft regulations that hinder the growth of this sector.
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We need to build a modernized
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and distributed electricity grid
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that will be able to absorb and transmit more renewable energy.
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We need to ensure a just and fair transition
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for workers and affected communities.
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A lot remains to be done
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before all Filipinos can benefit from cheaper electricity,
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a cleaner environment, a just and fair economy.
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And we will get there,
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hand in hand with energy transition champions
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from around the world.
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Thank you.
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