ICSC lauds higher ambition in draft climate plan (Current draft proposes 75% reduction in emission)

2021-02-03T15:22:17+08:0003 Feb 2021|Tags: , , , , , |

3 FEBRUARY 2021, Quezon City – The Department of Finance (DOF) and Climate Change Commission (CCC) today organized a public consultation on the Philippines’ climate action plan, or Nationally Determined Contribution (NDC) to the Paris Agreement. The latest draft NDC would see the country committing to reduce emissions by 75 percent, 2.33 percent of which [...]

DOF Sec. Dominguez underscores need for climate-smart insurance in vulnerable economies

2019-08-17T06:46:44+08:0016 Aug 2019|Tags: , , , , , , , , |

MANILA, 16 August 2019 – “The Philippine government is keen on strengthening its policies on climate financing,” Department of Finance (DOF) Secretary Carlos Dominguez stated in his remarks for today’s forum on climate-smart micro, small, and medium enterprise (MSME) insurance in vulnerable and emerging economies. “The challenges posed by climate change demand all hands be [...]

NGO hails Duterte admin approval of P192M for local climate action

2019-03-07T11:05:42+08:0007 Mar 2018|Tags: , , , , |

PHOTO: Finance Secretary Carlos Dominguez signs local climate fund agreements with 4 LGUs on March 7. (c) AC Dimatatac/ICSC   REACTIVE MANILA, March 7, 2018 – A Manila-based international climate policy group applauded the Duterte administration’s move granting close to P200 million in climate funds to four local governments. The approval is a response to communities [...]