BOI: PH Backs Green Investment in ASEAN during UNESCAP’s 81st Session

BANGKOK, THAILAND— Board of Investments (BOI) Governor Marjorie O. Ramos-Samaniego (second photo; second from right) represented the Philippines at the UK Green Transition Fund Economic and Social Commission for Asia and the Pacific – Association of Southeast Asian Nations (ESCAP-ASEAN) Green Investment Catalyst launch on April 21, 2025.

The ASEAN Green Investment Catalyst (AGIC) is an initiative funded by the ASEAN-UK Green Transition Fund to accelerate green investments in the ASEAN region. The launch was held on the sidelines of the 81st Session of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).

Governor Ramos-Samaniego underscored the Philippines’ commitment to becoming a regional hub for smart and sustainable industries, highlighting the country’s readiness to host green investment-ready projects. These initiatives are supported by Executive Order No. 18 or the Green Lanes for Strategic Investments — a landmark reform that streamlines and automates processes to enhance ease of doing business for strategic green investments in the Philippines.

Philippine Ambassador Millicent Cruz Paredes, Permanent Representative to UNESCAP (second photo; third from right), announced the Philippines’ plans to host the ASEAN Investment Forum next year.

“As incoming ASEAN Chair in 2026, the Philippines will work closely with Malaysia, fellow ASEAN Member States, and partners like the UK to channel investments into projects that protect both people and planet, build green cities, and fuel long-term prosperity,” she said in her closing remarks.

This marks a strong step forward in regional cooperation toward a sustainable, investment-ready future. -END-