Private sector urged to support local climate resilience and 1.5 degree Paris goal

MAKATI, 05 November 2021 -- Corporate directors in the Philippines explored opportunities to accelerate climate action and resilience in coastal communities, as world leaders underscore greater climate action from the private sector in the ongoing climate talks in Glasgow. Business officials were presented with corridors where they could contribute to meeting the country’s Nationally Determined Contribution (NDC) and the 1.5 degrees Celsius global warming threshold set in the Paris Agreement. “The bulk of the 75 percent emission reductions committed in the Philippine NDC is contingent upon foreign support and only 2.71 percent will be implemented through domestic means, underscoring the [...]

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