The Philippines’ hosting of the Loss and Damage Fund Board will allow the country to convey to the world its concerns about climate change.
This was expressed by President Ferdinand R. Marcos Jr. during an ambush interview after the impounding process ceremony of the Upper Wawa Dam in Rodriguez, Rizal on Wednesday.
“Mahalaga ito dahil ‘yung Loss and Damage Fund, ‘yan ang pondo na binibigay ng mga developed countries, ‘yung mga mayayaman na bansa. Iyan ang kanilang pondo na ibibigay para ayusin ‘yung mga naging problema sa environment ng industrialization na ginawa nila,” President Marcos said.
There has been damage and loss to the Philippine environment due to the industrialization of rich countries. “Ngayon, ang magho-host ng Loss and Damage Fund Board ay ang Pilipinas,” he said.
“Kaya naman ay magiging malaki ang ating impluwensiya para lahat ng ating pangangailangan, lahat ng ating pananaw tungkol dito sa subject matter na ito ay maaari nating sabihin,” he added.
“At maaring magka-influence tayo, sasabihin natin hindi niyo naisip ito o ang kailangan niyo na gawin ay ganito. Lahat ng mga ganyan, may boses tayo na malakas,” he explained. “Iyan ang pinaka-importanteng resulta sa pag-host ng Pilipinas sa Loss and Damage Fund Board.”
Seven months after the Philippines secured a seat in the inaugural Loss and Damage Fund Board in December last year, President Marcos said on Tuesday that the country was elected to host the board.
“I am proud to announce that the Philippines has been elected to host the Loss and Damage Fund Board, out of seven other contenders,” President Marcos said on his official X (@bongbongmarcos) account, formerly Twitter.
President Marcos said the Philippines is “also honored to have a seat on the Board itself, ensuring that the Philippines will be a formidable voice in promoting and advancing global climate action – an issue of critical interest to the country.”
In December last year, the Philippines secured a seat in the inaugural Loss and Damage Fund Board at the 28th United Nations Climate Change Conference (COP28) in Dubai.
President Marcos explained that “hosting the LDF Board reinforces our dedication to inclusivity and our leadership role in ensuring that the voices of those most affected by climate change shape the future of international climate policies.” | PND
