House lauds PBBM gov’t for PH’s successful hosting of ‘Loss and Damage Fund Board’

MANILA — The House of Representatives commended President Ferdinand R. Marcos Jr., Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo-Loyzaga, and other government agencies for the successful hosting of the Philippines to the Loss and Damage Fund Board.

“It is imperative to commend the agencies, technical experts, and advisers included in the Delegation of the Philippines to the sessions of the COP to the UNFCCC and its Kyoto Protocol and Paris Agreement,” the House said in six-page Resolution No. 243.

The House is referring to the 28th Conference of the Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) held from November to December 2023 in Dubai, and the 60th sessions of the subsidiary bodies of the UNFCC Conference of the Parties in June 2024 in Bonn, Germany.

President Marcos earlier called for the “immediate operationalization of the Fund to assist developing and vulnerable countries to respond to droughts, floods, and rising sea levels exacerbated by climate change” during the 28th COP.

The President also announced at the same event the Philippines’ intention to host the Loss and Damage Fund Board.

He announced in July this year the successful selection of the Philippines as the Host Country for the Board, “ensuring that the Philippines will be a formidable voice in promoting and advancing global climate action – an issue of critical interest to the country.”

The Chief Executive also said that “hosting the LDF Board reinforces our dedication to inclusivity and our leadership role in ensuring that the voices of those most affected by climate change shape the future of international climate policies.” (PND)

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