The Philippines is "most qualified" to host the historic Loss and Damage Fund Board, a Cabinet official said. Environment Secretary Antonia Yulo-Loyzaga stressed that the country is qualified to host the board not only for being a living testament to the effects of climate change, but also with its...
President Marcos has reiterated his call for the Philippines to host the Loss and Damage Fund, stressing that it would symbolize inclusivity given the country's vulnerability to climate change impacts. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) In the country statement delivered by...
The government supports gender-responsive, nature-based solutions to close the climate finance gap, Department of Finance Secretary Benjamin E. Diokno said. “Recognizing this, the Philippines’ Department of Finance actively supports the mainstreaming of gender initiatives in the mobilization of...
The Senate Committee on National Defense and Security has included an amendment in the substitute measure proposing reforms in the military and uniformed personnel (MUP) pension system that would require only new entrants to give contributions for their pension. Sen. Jinggoy Ejercito Estrada,...
The Philippines has lauded the adoption of loss and damage funding at the 28th Conference of the Parties (COP28) in Dubai. Through the Climate Change Commission, the country, which is among the highly vulnerable nations to the impacts of climate change, welcomed the development saying, it is a...
President Marcos has asked world leaders to support the Philippines' bid to host the Loss and Damage Fund as he called for the fund's prompt operationalization to support developing and vulnerable countries from the impact of the climate crisis. President Ferdinand 'Bongbong' Marcos Jr. (File...
President Marcos told the beneficiaries of the climate change adaptation fund to ensure the successful implementation of their projects using the P539.44-million People's Survival Fund (PSF). President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Speaking at the ceremonial turnover of the PSF...
President Marcos is expected to rally the international community to honor their commitment to climate change response efforts, particularly climate financing. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA Pool/Yummie Dingding) Marcos said it will be part of his agenda during his...
House Speaker Martin Romualdez (Speaker’s office) Promoting the Maharlika Investment Fund (MIF) might not have been part of the main agenda of the just-concluded 31st Asia-Pacific Parliamentary Forum (APPF31), but team Philippines still found a way to "sell" it...
President Marcos has denied allegations that the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act were relaxed to accommodate finance expert Rafael Consing Jr. President Ferdinand 'Bongbong' Marcos Jr. and Maharlika Investment Corporation President and CEO Rafael...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Maharlika Investment Corp. (MIC) said its investments will focus on four sectors that demonstrate financial stability and contribute to the betterment of the environment and society as a whole. In a briefing on Wednesday, Nov. 15, Rafael D. Consing Jr., MIC president and chief executive...
