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  • 2 years ago
The Philippine government secures a seat on the inaugural board of the loss and damage fund for climate change vulnerable countries.

Full story: https://www.rappler.com/philippines/seat-board-loss-damage-fund-cop28/
Transcript
00:00 The Philippine government secures a seat on the inaugural board of the Loss and Damage
00:05 Fund for climate-change-vulnerable countries.
00:08 Environment Secretary Tony Ulo Loizaga confirms the country will represent the Asia-Pacific
00:12 Group as a full member for 2024 and 2026 and as an alternate member in 2025, sharing the
00:19 term that year with Pakistan.
00:21 Loizaga says this would give the Philippines an opportunity to influence the decision-making
00:25 on who gets to have access to the fund and how fast.
00:28 Meantime, Philippine civil society organizations in Dubai for COP28 say the decision text on
00:34 the transition away from fossil fuels falls short of what the world needs amid the growing
00:39 threat of climate change.
00:41 Jerry Arantes, Executive Director of the Center for Energy, Ecology and Development, says
00:46 the text "fails to acknowledge necessary timelines and leaves room for dangerous distractions."
00:51 (bright music)
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