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JANUARY 3, 2022


REPUBLIC OF PHILIPPINES’S SUSTAINABLE FINANCE FRAMEWORK AND ELIGIBLE
EXPENDITURES PORTFOLIO



Moody’s ESG Solutions* has provided a Second Party Opinion (SPO) on the Republic
of the Philippines’s Sustainable Finance Framework.

SPO Summary:

·        Contribution to Sustainability: Robust

·        Expected Impacts: Advanced

·        ESG Risk Management: Limited

·        Coherence to Sustainability Commitments: Coherent

The Framework has been developed to finance or refinance Eligible Projects in
Eligible Categories including four green categories, and seven social
categories.

View SPO

*This SPO was originally conducted by V.E, which is now part of Moody’s ESG
Solutions

Contact US
Moody’s ESG Solutions
Understand our comprehensive ESG offering
MESG@moodys.com
Media:
Julian Knapp
SVP, Corporate Communications
Sustainability and ESG
julian.knapp@moodys.com
Moody’s Investors Service:
Understanding ESG in credit ratings
Brian Cahill
MD, Global Head of MIS ESG
brian.cahill@moodys.com
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