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MANILA, Philippines – The government’s green lane investment pipeline shrank slightly in April after some renewable energy projects were removed, though the sector still dominated endorsed ventures.
Data released by the Board of Investments (BOI) on Thursday showed endorsed green lane investments stood at P6.32 trillion as of April, down 1.71 percent from the P6.43 trillion recorded from the program’s launch in February 2023 through March.
READ: ‘Green lane’ investments climb to P6.11 trillion, says BOI
Additionally, the decline came after nine renewable energy projects worth a combined P125.41 billion were removed from the pipeline.
