Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga said on Monday, August 5, that the Philippines can reach out to more experts on climate change to address challenges such as flooding now that it's a host to the United Nations’ Loss and Damage Fund (LDF)...
Senate Minority Leader Aquilino “Koko” Pimentel III said he believes President Ferdinand “Bongbong” Marcos Jr. can easily halt the transfer of P89.9-billion from the Philippine Health Insurance Corp. (PhilHealth). But Pimentel said he hopes Marcos would intervene at the soonest time...
The Commission on Rights (CHR) cited the "significant role" the Philippines will take in the international climate change dialogue as lead country for the Loss and Damage Fund (LDF) to which developed countries have already pledged $700 million. In a statement, the CHR said "loss and damage" is a...
The Department of Budget and Management (DBM) said that almost half of the government's calamity funds are still available to assist people affected by Typhoon Carina and the southwest monsoon. According to Budget Secretary Amenah F. Pangandaman, approximately P11.12 billion remains in the calamity...
The Green Climate Fund (GCF) board approved $1 billion worth of climate adaptation and mitigation projects, including a project that will empower entrepreneurs to promote climate-resilient development. During its 39th Board Meeting in Incheon, Korea, from July 13 to 18, the GCF approved 17 funding...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Rep. Rodriguez’s Facebook page) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez said President Marcos should “do justice” and order the return of P89.9 billion worth of funds...
ACT Teachers Party-list Rep. France Castro (Contributed photo) ACT Teachers Party-list Rep. France Castro has called on the Marcos administration to reconsider the “unjust” transfer of P89.9 billion in excess funds from the Philippine Health...
The Maharlika Investment Corporation, the management that runs the state’s wealth fund, said it has finalized its governance structure, as well as its principles and framework in deciding investments. During a meeting presided over by Finance Secretary and MIC Chairperson Ralph G....
A study that would address the problem of the supply of electricity in Palawan is now underway, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In his speech during the distribution of assistance to communities severely affected by El Niño in Puerto Princesa,...
(Left) President Ferdinand “Bongbong” Marcos Jr. and (Center) Camarines Sur 2nd district Rep. LRay Villafuerte (Villafuerte’s Facebook page) Camarines Sur 2nd district Rep. LRay Villafuerte said the selection of the Philippines to host...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda hailed the Marcos administration for its successful bid to have the Philippines host the Loss and Damage Fund (LDF) Board under the United Nations Framework...
Finance Secretary Ralph G. Recto said that the country’s hosting of the Loss and Damage Fund (LDF) board is an opportunity to access more climate finance and investments. “We were chosen because of our strong commitment and concrete climate actions on the ground, and we thank the President for...