THE Philippines’ renewable energy (RE) initiatives continued to make headway in 2023 along with others elsewhere in the world, spurred by the need to temper the effects of climate change and the realization that events such as Russia’s invasion of Ukraine could unexpectedly threaten global energy supplies. Amid supply disruptions and high prices, governments and consumers realized the need for energy efficiency measures, to the extent that global investments in energy efficiency rose to $560 billion in 2022, up 16 percent year on year, the International Energy Agency (IEA) said in a report. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.