Pilipinas, magiging bahagi ng board na mamamahala sa pondo para sa mga bansang apektado ng climate change | UB
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NewsTranscript
00:00 The Philippines will sit on the board of the Loss and Damage Fund for countries affected by climate change, like the Philippines.
00:07 According to President Bongbong Marcos, this is a victory for the country.
00:10 Countries like the Philippines will share the Fund of Cooperation
00:15 of countries with the biggest contribution to climate change.
00:19 At present, the pledges for the fund are equivalent to almost Php40 billion.
00:24 That's a large part from the United Arab Emirates and Germany.
00:28 The Philippines is now sitting on the board of the former Finance Undersecretary Mark Joven.
00:33 In 2024, he will discuss the guidelines as to how countries should contribute and how much,
00:39 and how those countries affected by climate change will share.
00:43 We'll keep working to make sure that the Philippines has a very strong voice
00:52 when it comes to all the issues of climate change of which we are very severely affected.
00:58 (Music)