A grant assistance agreement worth 687 million yen (about PHP308 million) was inked on Tuesday…
The government is developing standards for a long-term cold chain sector.
MANILA, Philippines — The Board of Investments (BOI), the Environmental Management Bureau (EMB), the Energy Utilization Management Bureau (EUMB), and the United Nations Industrial Development Organization (UNIDO) have collaborated to develop guidelines for making the local cold chain industry more sustainable and energy-efficient.
The standards on Minimum Energy Performance (MEP) are intended to encourage energy conservation at the industrial level while also advancing the country’s cold chain business.
BOI Governor Marjorie Ramos-Samaniego said in a statement Friday that the MEP will assist the cold chain industry to reduce its environmental footprint.
The MEP will encourage cold chain facilities to adopt energy-efficient operations, according to the BOI official, because it is a power-intensive business.
The MEP, according to Ramos-Samaniego, who is also co-chair of the National Cold Chain Committee (NC3), should complement the Philippine Cold Chain Industry Roadmap, which aims to create an integrated, inclusive, and market-oriented sector.
“The BOI and the NC3 are fully dedicated to implementing this memorandum of understanding and making this initiative a success in the pursuit of a more energy-efficient and sustainable Philippine cold chain business,” she added.
The MEP also complies with Republic Act 11285 or the Energy Efficiency and Conservation (EE&C) Law, which makes energy efficiency and conservation a legal requirement and ensures the country’s long-term economic prosperity.