PH wins bid to host intl climate fund board

by Arlie O. Calalo - Aric John Sy Cua

Jul 13, 2024 12:04 am

THE Philippines has been elected to be the host country among seven other contenders to the Loss and Damage Fund Board (LDFB), giving the country a chance to serve as the voice of other vulnerable nations mostly affected by climate change.

Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo-Loyzaga, in a press conference held on Friday in Makati, said hosting the international board was a welcome development for the Philippines as it is among the most climate-vulnerable countries.

BUSINESS AND ENVIRONMENT SUSTAINABILITY Environment Secretary Maria Antonia Yulo-Loyzaga and Management Association of the Philippines President Rene Almendras sign a memorandum of understanding in Makati City, on July 12, 2024, to implement more sustainable practices that would benefit both the business and environment. PHOTO BY J. GERARD SEGUIA

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