by Angelica Y. Yang | October 17, 2021 | Published by BusinessWorld | READ THE STORY HERE A network of civil society groups said the Asian Development Bank’s (ADB) updated climate financing target of $100 billion is “un-ambitious,” adding that the eligibility requirements for projects to be funded are vague. The banks’ new financing target [...]
10 FEBRUARY 2021, Quezon City -- Department of Finance (DOF) Assistant Secretary Paola Alvarez today pushed for the mainstreaming of sustainable finance in the Philippines, involving a whole of government approach and internationally harmonized finance initiatives. “Even if we are doing so much in terms of policy to harness climate finance and to mitigate our disaster [...]
"Blaming typhoon[s completely] on climate change is not only unscientific, but it also dilutes critical accountability issues among government agencies and other key players." In the face of massive destruction from back-to-back powerful storms, Kairos Dela Cruz, Deputy Executive Director of the Institute for Climate and Sustainable Cities, calls on authorities to address the [...]
Kairos Dela Cruz, ICSC's associate for climate policy, talks to Migs Bustos of Early Edition on ANC about sea level rise projections worldwide and in the Philippines, and how the country can ramp up its efforts to respond to this and other climate change impacts.