By DERCO ROSAL With nine out of every 10 Filipinos feeling the harsh impacts of climate change, the Asian Development Bank (ADB) will support drought and flood preparedness in the Philippines and other member countries to mitigate the impact on lives and livelihood. Over the next six years, the...
With the harsh effects of climate change posing a threat to economic development, the Philippines is increasingly harnessing renewable energy (RE), with the help of a forthcoming $600-million (nearly P35-billion) loan from the World Bank. The Washington-based multilateral lender disclosed that its...
By DERCO ROSAL Climate change could reduce gross domestic product (GDP) in Asian developing countries, including the Philippines, by 17 percent for the next nearly 50 years, the Asian Development Bank (ADB) reported. Based on ADB’s Asia-Pacific Climate Report, this economic...
Senator Loren Legarda on Sunday, October 27 called on local chief executives to make a strategic shift in disaster risk reduction and management to bolster the country’s resilience to disasters and natural calamities. Legarda said that following the widespread devastation wrought by severe...
Despite raising awareness and growing efforts on sustainability, several disconnecting factors still hinder sustainable progress, such as inadequate communication, poor enforcement of government policies, lack of public awareness and engagement, and lack of access to advanced technology. ...
New York Climate Week 2024 highlighted a truth often overlooked: True resilience is not just about bouncing back but evolving beyond the systems that have long kept communities, particularly in the Global South, from leading the charge on climate action. As we confront the escalating impacts...
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. ...
"Our vision is clear: to reduce disaster risks and losses, and in doing so, protect lives, livelihoods, and the social and economic assets that underpin our societies." This was President Marcos' clear objective as he expressed his desire for a more resilient Asia-Pacific Region that he believes...
Hosting its biggest group of students yet, Klima Eskwela capped off a successful 2024 run with a visit to the Camarines Norte State College (CNSC). Klima Eskwela aims to make advocates out of the youth. Its lectures were designed to leverage students’ experience with global warming and, in...
A $100-million financing backed by the China-based Asian Infrastructure Investment Bank (AIIB) is eyeing climate transition investments in the Philippines and other Asia-Pacific countries. In a Sept. 30 statement, the AIIB noted that three-fourths of the total commitment, or $75 million, is for the...
The Philippine Ports Authority (PPA) is planning to construct offshore wind (OSW) energy projects in some of strategic ports in the country—the three priority areas are Batangas, Camarines Norte and Ilocos Norte. PPA General Manager Jay Daniel Santiago said they are now coordinating with...
Financing, mainly borrowings, for Philippine climate change mitigation and adaptation projects hit a record-high $3.131 billion (over P174 billion) in 2023. The 2023 Joint Report on Multilateral Development Banks' (MDBs) Climate Finance published by the European Investment Bank (EIB) this month...
