MANILA — The Land Bank of the Philippines (LANDBANK) received a special recognition at the Department of Energy’s (DOE) Sustainable Energy Awards 2025, highlighting the bank’s role in advancing the country’s clean and sustainable energy transition.

The Sustainable Energy Awards, now in their second year, recognize individuals, organizations, and partners supporting the Philippines’ shift to a low-carbon and sustainable energy future. LANDBANK was conferred the first-ever Special Recognition for Financial Institution, underscoring the role of the financial sector in accelerating renewable energy development and enabling long-term sustainable investments.

The award was presented by Energy Secretary Sharon S. Garin, along with Assistant Secretaries Augustus Cesar A. Navarro, Eden C. Brion-Bakilan, and Myra Fiera F. Roa, and National Renewable Energy Board–Technical Services Management Division Chief Liza Pangilinan on December 16, 2025, in Makati City. Senior Vice President Charlotte I. Conde and First Vice President Eden B. Japitana received the award on behalf of LANDBANK.

“This recognition affirms LANDBANK’s long-standing commitment to financing projects that deliver real impact — strengthening energy security, protecting the environment, and improving lives. As the country’s premier government financial institution, we remain steadfast in mobilizing capital toward a cleaner, more resilient, and inclusive Philippine economy,” LANDBANK President and CEO Lynette V. Ortiz said.

As part of its sustainable finance strategy, LANDBANK plans to offer sustainability bonds by the first quarter of 2026. The bonds are intended to provide investors with a secure fixed-income investment with yields higher than traditional savings and time deposits.

Proceeds from the planned bond issuance will support national development priorities, including agriculture, micro, small and medium enterprises, renewable energy, housing, and infrastructure. The issuance aims to mobilize long-term funding to expand LANDBANK’s sustainable lending programs.

As of October 2025, LANDBANK has disbursed ₱176.48 billion in sustainable finance loans supporting renewable energy, clean transport, water access, housing, disaster resilience, and health system improvements.

LANDBANK has also strengthened its clean energy partnerships after signing a Memorandum of Agreement with the DOE to support renewable energy development under the Philippine Geothermal Resource De-Risking Facility.

Under the agreement, the DOE will serve as the executing agency responsible for policy direction, governance, technical standards, eligibility criteria, and overall program oversight, while LANDBANK will act as facility administrator and manager, overseeing sub-loan applications, milestone-based fund releases, collections, and program reporting nationwide.