Foreign Affairs Secretary Enrique Manalo said that the Philippines will ensure that the world’s Loss and Damage Fund will be accessible to all parties seeking assistance for their losses due to effects of climate change. Manalo’s assurance came after the Philippines was selected on Tuesday,...
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...
The Philippines will now have a formidable voice as the host of the inaugural Loss and Damage Fund board, the global fund that aims to help vulnerable nations address the impact of climate change caused by rapid industrialization, President Marcos said on Wednesday, July 10. President...
The Philippines has been elected to host the Loss and Damage Fund Board, President Marcos announced. (Photo courtesy of UNFCCC) Marcos made the announcement through a post on X on Tuesday night, July 9. "I am proud to announce that the Philippines has been elected to host the Loss and Damage Fund...
BAKU, Azerbaijan – As existential threats on vulnerable countries are escalating, one of the major action agendas being advanced in this year’s 29th Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) will be operationalization of the...
The Philippines is keen on hosting the Loss and Damage Fund (LDF) Board to secure increased climate financing and wider opportunities for cooperation to effectively tackle the impacts of climate change. In a statement on Tuesday, April 23, Finance Secretary Ralph G. Recto announced that President...
President Marcos was awarded climate and human mobility recognition by an international office for migration for his achievements in handling human mobility and migration as a whole, Environment Secretary Antonia Yulo-Loyzaga said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) In a...
Securing a seat in the Loss and Damage Fund Board is a "very important development" for the Philippines as it will give the country a voice in managing the disaster fund, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Through a video message on...
The goals laid down at the COP28 Global Stocktake had fallen short on the target for total phaseout of fossil fuels in energy systems, although there had been more aggressive commitments on deeper emissions cut as well as reinforcements on climate finance. In his closing speech, UN Climate Change...
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 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...
