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The World Bank's private sector arm pocketed millions from an equity investment in a Philippine bank, while spending nothing on remedy for the harm caused by 10 new coal-fired power plants it financed. MANILA, 7 October 2026 — On the eve of the World Bank Group Annual Meetings in Bangkok, new analysis reveals the International Financial Corporation (IFC) and its Capitalisation Fund made an estimated US$39 million in total return from its investment in a Philippine bank, whose

Ang kalagayan ng kalikasan at pamamalakad ng gobyerno ay magkasalungat: patuloy ang paglubha at pagkasira ng yamang likas, habang iisa lang ang kawalang-aksyon at kawalang-pananagutan ng gobyerno, mula noon hanggang ngayon. Sa ganitong sistema, wala tayong ibang tutunguhin kundi mas matinding kahirapan at mas maraming kamatayan. Sa ika-54 na taong anibersaryo ng Martial Law o Batas Militar ni Ferdinand Marcos Sr., irehistro natin sa kasalukuyang gobyerno ng kanyang anak na si

Quezon City, Philippines — The Philippines is being pushed to the edge of survival. Flooded roads, drowned fields, collapsing ecosystems, and communities gasping under the weight of disaster reveal a truth we can no longer deny: the system that enabled this destruction must be confronted, dismantled, and transformed. The Global Fight for a Fossil-Free Future: Fast, Fair, Funded, Feminist is a collective uprising of the Filipino people and peoples across the world demanding a