Connect with us

Hi, what are you looking for?

Economy

Marcos wants local gov’t units on the frontline of easing El Niño impact

PRESIDENT Ferdinand R. Marcos, Jr. has called for tweaks on the demand side as the country braces for El Niño, a dry spell that is expected to affect most areas starting next month.

The Department of Interior and Local Government has been tasked to bring local government units into the national campaign that seeks to “mitigate” El Niño’s impact by lessening households’ and businesses’ consumption of water, Mr. Marcos Jr. said in his latest video blog.

Filipinos may lessen water consumption in washing cars, irrigating golf courses, and refilling swimming pools, he said.

“All these are expected to conserve our supply,” he said. “All of us can help.”

Due to rising temperature in the country, the demand for electricity has far exceeded the supply, Mr. Marcos noted. Rainfall had fallen by 35%, affecting hydroelectric power plants, dams and irrigation, he added.

The occurence of El Niño has been more likely after the probability of its occurrence rose to 80% in June, August, and September from 50%. according to state weather bureau PAGASA.

The probability of its occurrence from November to January 2024, meanwhile, rose to 87%.

Economists earlier told BusinessWorld that El Niño may derail the growth of the Philippine agriculture sector which, in the first quarter, expanded by 2.1%, a turnaround from the 0.3% decline in the same quarter a year ago.

The agriculture sector was severely hit by the weather pattern in 2019, with the damage to the sector hitting as much as P8 billion.

Mr. Marcos said that aside from mitigating El Niño’s possible impacts on the various sectors including agriculture, health, education, the government has also been preparing for a possible La Niña phenomenon, the wet counterpart of El Niño.

“This needs the participation of every Filipino.” — Kyle Aristophere T. Atienza

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Keisha B. Ta-asan, Reporter INFLATION likely slowed for a fourth straight month in May due to favorable base effects and a decline in...

Economy

By Luisa Maria Jacinta C. Jocson, Reporter THE NATIONAL Government’s (NG) debt service bill more than doubled in March from a year ago, data...

Economy

INVESTMENT APPROVALS by the Board of Investments (BoI) more than doubled as of mid-May, led by renewable energy projects. The Board of Investments (BoI)...

Economy

THE DEPARTMENT of Finance’s (DoF) Privatization and Management Office (PMO) is targeting to dispose of at least 143 properties worth P2.5 billion for the...

Economy

ACEN Corp. has secured approval from the government of New South Wales to increase the capacity of its battery energy storage system in Australia....

Economy

LOPEZ-LED Energy Development Corp. (EDC) is further expanding its geothermal power generation capacity in the Philippines with two prospects scheduled for drilling next year,...

You May Also Like

Investing

Almost 100 jobs are thought to be under threat at smart home energy technology manufacturer myenergi. The Grimsby firm, named one of the UK’s...

Investing

The number of small businesses planning to increase prices to their customers is set to rise dramatically this quarter, further fuelling inflationary pressures. A new quarterly analysis of...

Economy

By Kyle Aristophere T. Atienza, Reporter AROUND eight out of 1,000 Filipinos are “modern slaves,” according to a global index that tracked populations’ vulnerability...

Investing

Canary Wharf Group and The Felix Project, a food redistribution charity have agreed a long-term partnership that will see them join forces to tackle...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.