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Philippines gets board seat in new global climate fund Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
This has been a 'long time coming' after the Philippines spent decades 'at the forefront of the negotiations for the loss and damage fund,' says Philippine Environment Secretary Toni Yulo-Loyzaga
(UPDATE) THE Philippines has secured a seat in the Loss and Damage Fund Board at the 28th United Nations Climate Change Conference (COP28) in Dubai, President Ferdinand Marcos Jr. announced Thursday.
The most critical UN climate conference (COP28) ever will run from Thursday to mid-December — with talks on climate commitments and climate finance expected to determine the success of this year's summit.
...the aid is little more than a transfer of wealth from poor people in rich countries to rich people in poor countries.