GHG Reduction and Energy Savings Potential

Given the different programs on clean energy and energy efficiency, the Philippines will considerably reduce its GHG emissions. Although these programs are yet to be quantified in terms of the amount of GHG emissions reduced, avoided or mitigated, the same represent the energy sector’s resolve to pursue its energy objectives without sacrificing the environment.

On the other hand, the cumulative energy savings from the energy efficiency programs is about 3 MMBFOE in 1999 and is expected to increase to 47 MMBFOE in 2005 and 88 MMBFOE in 2009 (Table 10). These programs will result in lower oil importation and consequently increase foreign exchange savings that can be used for other basic socio-economic infrastructures as well as a cleaner and safer environment.