12/02/2026
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Space Agency (PhilSA) signed a memorandum of agreement (MOA) on 27 January 2026 on the use of satellite technology to assess climate and environmental risks. The partnership aims to enhance financial stability, sustainability, and resilience.
According to BSP Assistant Governor Pia Bernadette R. Tayag, “The MOA reflects how we view resilience-building in the financial system: It requires good governance, strong coordination, and better data—supported by technology that helps institutions act earlier and smarter. This innovation improves preparedness across the economy and the financial sector.”
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