CCC: PBBM’s rallying call for climate justice, climate finance for vulnerable & at-risk nations sets groundwork for principled global climate action

September 21, 2022 Wednesday

Photo courtesy of : President Bongbong Marcos' Facebook Page

21 September 2022, Manila
The Climate Change Commission (CCC) lauded President Ferdinand Romualdez Marcos Jr.'s rallying call for climate justice and unlocking climate finance for vulnerable and at-risk nations, saying the President’s speech at the 77th United Nations General Assembly (UNGA77) sets the groundwork for principled global climate action.

In the UNGA77 High-Level General Debate, President Marcos underscored the need to address climate injustice with “those who need to do more must act now.

President Marcos called on industrialized countries to ‘cut greenhouse gas emissions’ and provide ‘climate finance’ and ‘technology transfer’ for the most vulnerable and developing nations, including the Philippines.

CCC Vice Chair and Executive Director (VCED) Robert E.A. Borje highlighted the importance of President Marcos’ clear articulation of the Philippine positions in UNGA77: attain climate justice, unlock climate finance, while being a responsible member of the international community.

The Philippines has a strong and resonant voice for climate justice to make sure that the global community urgently responds to the needs of the times,” said VCED Borje.

With limited resources to implement mitigation and adaptation strategies, VCED Borje pointed out President Marcos’ call to “unlock climate finance” for at-risk and vulnerable nations was crucial.

VCED Borje added that the Philippines is working with other nations to ensure allocation for adaptation is doubled, and that climate change-related losses and damages are funded by developed nations based on commitments under the Paris Agreement.

These principled positions by the Philippines have also been articulated by the CCC in relevant fora in the lead up to the 27th Session of the Conference of Parties (COP27), including at the UN’s Third Technical Expert Dialogue on Climate Finance in Manila, and the Informal Consultation on Loss and Damage in Cairo, Egypt.

For the COP27, the Philippines will continue to push for the delivery of climate finance that is needs-based, anchored on the principles of climate justice and equity, and guided by President Marcos’ statement in UNGA77.

The COP27 will take place on 06-18 November 2022, in Sharm El-Sheikh, Egypt.