Land Bank of the Philippines plans to offer sustainability bonds by the first quarter of 2026 to fund national development projects following a special recognition from the Department of Energy for its leadership in the clean energy transition.
The state-run lender said it aims to mobilize long-term funding through the bond issuance to scale up existing sustainable lending programs.
Proceeds are earmarked for sectors including agriculture, small businesses, renewable energy, housing and infrastructure.
LandBank said the bonds are designed to provide investors with a secure fixed-income investment and yields higher than traditional savings and time deposits.
The announcement follows the Department of Energy (DOE) Sustainable Energy Awards 2025, where LandBank received the first-ever Special Recognition for Financial Institution. The award, presented on Dec. 16, 2025, recognizes the bank’s role in accelerating renewable energy development and enabling long-term sustainable investments.
“This recognition affirms LANDBANK’s long-standing commitment to financing projects that deliver real impact — strengthening energy security, protecting the environment and improving lives,” said LandBank president and chief executive Lynette Ortiz.
Ortiz said the institution remains focused on mobilizing capital toward a cleaner and more inclusive Philippine economy.
As of October 2025, the bank has disbursed P176.48 billion in sustainable finance loans. These funds have supported transitions to renewable energy, clean transport, water access, disaster resilience and health system improvements.
To further its energy mandate, the bank signed a memorandum of agreement with the DOE to manage the Philippine Geothermal Resource De-Risking Facility (PGRDF).
Under the partnership, the Department of Energy will serve as the executing agency providing policy direction and technical standards. Land Bank of the Philippines will act as the facility manager, overseeing sub-loan applications, fund releases and collections.
