The Philippines called on developed countries not only to lead, but to provide “substantial capitalization” for the Loss and Damage Fund, which is mandated to assist developing countries in responding to economic and non-economic loss and damage associated with the effects of climate change. In...
President Marcos encouraged the Association of Southeast Asian Nations (ASEAN) to contribute to the Fund for Responding to Loss and Damage, emphasizing that climate change remains the "most defining challenges of our time." During his intervention at the 2nd ASEAN-Gulf Cooperation Council (GCC)...
President Marcos underscored the Philippines' proactive role in global climate governance, saying it will use its position on the Loss and Damage Fund Board to advocate for actionable commitments in climate finance from developed nations. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang...
Photo shows flooded areas in Naga City, Camarines Sur due to Severe Tropical Storm "Kristine" during an aerial survey conducted by the Armed Forces of the Philippines (AFP) on Oct. 28, 2024. (Photo: AFP) Camarines Sur 2nd district Rep. LRay...
President Marcos emphasized how the Fund for Responding to Loss and Damage (FRLD) will significantly assist the Philippines in addressing the adverse effects of climate change amid increasing disaster risks. President Ferdinand R. Marcos Jr. meets with the members of the Board of the Fund for...
(Noel Pabalate/MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte cited the consecutive tropical cyclones that have hit the Philippines in the past four weeks as a probable “test case” to secure financing from the Fund for...
The Philippines is set to host this December the first board meeting for the Loss and Damage Fund, the global fund that aims to help vulnerable nations address the impact of climate change caused by rapid industrialization, the Department of Environment and Natural Resources (DENR) said. ...
President Marcos has signed into law Republic Act (RA) No. 12019, or the "Loss and Damage Fund Board Act", which grants juridical personality and legal capacity to the Loss and Damage Fund (LDF) Board that will respond to loss and damage due to climate change. File photos The President signed the...
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)...
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...
(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...
